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FIA delays report on 2021 budget cap in F1 to Monday

The governing motor sport body FIA has again delayed its report on the cost cap for the 2021 Formula One season, with publication now set for Monday.

The governing motor sport body FIA has again delayed its report on the cost cap for the 2021 Formula One season, with publication now set for Monday.

It was originally planned that the much-delayed report on whether teams had overspent would be published on Wednesday.

But the FIA said late Wednesday: “The analysis of financial submissions is a long and complex process that is ongoing and will be concluded to enable the release of the Certificates on Monday, 10 October.”

The FIA said it would not provide any further information and did also not confirm suggestions from last weekend at the Singapore Grand Prix that two teams had spent more than allowed, with Red Bull with world champion Max Verstappen and Aston Martin alleged to be the teams in question.

Red Bull team principal Christian Horner named the speculation “defamatory” and said he was convinced his team had complied with the rules. He suggested the reports were based on leaks.

The FIA spoke of “significant and unsubstantiated speculation and conjecture” and insisted that “any suggestion that FIA personnel have disclosed sensitive information is equally baseless.”

All 10 teams had agreed to cap their respective budget at $145 million for the 2021 season, a sum that however excludes some important spendings such as driver salaries.

F1 has introduced a cost cap to make the sport cheaper, more sustainable and to create a more level playing field.

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