Red Bull was revealed to have breached the 2021 budget cap, but all 10 teams have complied with financial regulations for 2022.
in a bid to deliver an earlier verdict to teams and stop it from dragging late into the year, potentially overshadowing the closing races of the season.
Had there been any breaches, then it would have reignited the debate surrounding the suitable sanction for going over the cost cap. In April, Ferrari team principal Fred Vasseur said Red Bull’s penalty was “too light.” Red Bull has won all 14 races so far this season. The FIA also said that all teams “acted at all times in a spirit of good faith and cooperation throughout the process.”F1 introduced the cost cap in 2021 to make the sport more financially sustainable, forcing some teams to cut their budgets by as much as half.The cap was initially set at $145 million in 2021, reducing by $5 million per season for the first three years with some small extra allowances for more races on the calendar and to account for inflation.
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