FIA has confirmed yesterday that it will publish a report on the budget restrictions for last F1 season on Monday instead of today as the word is a ‘very long and complex process’ which is still ongoing.
Following speculation last weekend in Singapore that two teams, allegedly Red Bull and Aston Martin, had breached the budget limit for last season, the FIA was due to release a report for all teams today.
But in a brief statement issued late this afternoon, the FIA announced that they would be announcing them on Monday, October 10.
“The FIA informs that the conclusion of the analysis of the financial submissions of the Formula 1 teams for 2021 and the subsequent issuance of certificates of compliance with the financial regulations will not take place on Wednesday, October 5,” the statement said.
“Analysis of the financial submissions is a long and complex process which is ongoing and will be completed to enable the certificates to be issued on Monday 10 October.”
Red Bull F1 team boss Christian Horner was adamant in Singapore that his team is within budget constraints for the 2021 F1 season.
“We believe we are comfortably within the upper limit,” Horner told Autosport.
“So the FIA is following the process. We expect, we hope, and potentially this week, that not only us, but also all the teams, will hear the outcome of that process.”
“There are always different interpretations of those regulations. So it will be very interesting in the first year to see how that applies.”
“We have seen clarifications, even since the reports [in March] related to last year were submitted. So it will always be a process of evolution.”
“It’s a huge topic for the FIA, especially when you look at the scale of the individual teams, many of which belong to even larger conglomerates and organisations.”
