BREAKING: FIA finds Red Bull and Aston Martin in breach of budget cap
The FIA found the Red Bull Formula 1 team in violation of the 2021 budget cap regulations, while Aston Martin violated a procedural rule.
Alonso backs Verstappen in opposing driver salary cap
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.
FIA penalises Williams F1 team for breaching budget cap regulations
The FIA has sanctioned Williams F1 for failing to submit its 'Full Year Financial Reporting Documentation' by the March 31, 2022 deadline.
Binotto urges FIA to review the budget cap
Ferrari team boss Mattia Binotto has urged the FIA to review the budget cap for the 2022 season, claiming that it has led to employee layoffs.
Most F1 teams risk missing some races due to the budget cap
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.
FIA reduces budget cap after Russian Grand Prix fails to be replaced
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…