Budget Cap question | FerrariChat

Budget Cap question

Discussion in 'F1' started by Javierix, Jul 8, 2022.

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  1. Javierix

    Javierix Karting

    Jun 13, 2022
    98
    Full Name:
    Javier
    So, they’ve raised the budget cap about 3%.

    But my question is whether FIA discloses to the public how much each team has spent so far towards that budget cap. It’d be interesting to know, though I imagine they keep that confidential and would only publicly report when a team has exceeded the cap.
     
  2. SPEEDCORE

    SPEEDCORE Four Time F1 World Champ

    Jul 11, 2005
    46,182
    Full Name:
    Toe Knee
    As per rules, the Cost Cap Administration needs to keep the following confidential.

    "Confidential Information" means all confidential information relating to a member of an F1 Team’s
    Legal Group Structure (whether written, oral or in any other format), including any information that
    would be regarded as confidential by a reasonable business person relating to the business, affairs,
    customers, clients, suppliers, plans, operations, processes, know-how, financial data, commercially
    sensitive information, designs, trade secrets or software of the F1 Team and/or of any member of the
    F1 Team’s Legal Group Structure.
     
    Javierix likes this.
  3. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    27,640

    Christian Horner is already complaining the 3% increase is not enough ! :rolleyes:
     
  4. Javierix

    Javierix Karting

    Jun 13, 2022
    98
    Full Name:
    Javier
    My guess is that Mercedes is closest to the cap, followed by Red Bull, and then Ferrari.

    Mercedes had to spend a lot of resources just to make their car competitive (which is only now beginning to happen), and seems to have a lot of swing-and-a-miss on the way.

    Red Bull always seems to burn through money.
     
    kylec likes this.
  5. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ
    Rossa Subscribed

    Oct 31, 2016
    24,279
    Corpus Christi, Tx.
    Full Name:
    Joe R Gonzales
    Both crashes yesterday didn't help either by both drivers with the budget cap.....Lewis's wad more costlier than Russells.
     
    Javierix likes this.
  6. Javierix

    Javierix Karting

    Jun 13, 2022
    98
    Full Name:
    Javier
    It is amazing how those mechanics fix these things so quickly and correctly. I’d really like to see a video of one of these overnight repairs.
     
  7. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ
    Rossa Subscribed

    Oct 31, 2016
    24,279
    Corpus Christi, Tx.
    Full Name:
    Joe R Gonzales
    You should want to see a WHOLE PU change in under 2 hours from FP3 going into qualifying. Both teams of said team work around each other to get the car ready for qualifying.....talk about fast--->it takes teamwork to make the dream work.
     
  8. william

    william Two Time F1 World Champ
    Silver Subscribed

    Jun 3, 2006
    27,640
    Ferrari should have the least overheads: energy is cheaper and wages lower in Italy than in UK.

    But Alfa-Sauber in Switzerland should suffer from the highest costs in Europe.

    I don't know if the FIA takes that in consideration when it set the budget cap.
     
    Javierix likes this.
  9. Nortonious

    Nortonious Formula 3

    Sep 20, 2018
    1,065
    TX
    Sainz's fire today hurts beyond missing out on the 1-2 finish.
     

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