The FIA has clarified a key part of Formula 1’s budget cap regulations in a new technical directive issued to teams last month.
The FIA found the Red Bull Formula 1 team in violation of the 2021 budget cap regulations, while Aston Martin violated a procedural rule.
Double World Champion Fernando Alonso believes that imposing a driver salary cap would be unjust amid FIA’s strict regulations on spending for Formula 1 teams.
The FIA has sanctioned Williams F1 for failing to submit its ‘Full Year Financial Reporting Documentation’ by the March 31, 2022 deadline.
Red Bull team boss Christian Horner has warned that some teams may miss the final few races of the 2022 F1 season due to the budget cap.
The budget cap has been reduced due to the expenses that will no longer be spent as a result of the news that the Russian Grand Prix will not be replaced in 2022.