F1 Rumour: 3 Teams Exceeded 2023 Budget Cap And Will Receive Sporting Penalties
Formula 1's CEO Stefano Domenicali, has recently suggested a shift in policy regarding penalties for teams that overstep the budget cap within a single season. Speaking with the Italian version of Motorsport.com, Domenicali, he revealed that teams who breach the cap will receive a sporting penalty instead of the financial penalty that Red Bull received itself in 2022.
There are two races left before the Summer break where the F1 season will start to wind down for a few weeks before starting again on the August 25 for practice at the Netherlands. In this break, we'll see a number of teams scurry as their finance departments put together accounts. And now, according to Motorsport.com, there are three teams that have gone over the budget for the pervious season.
The specifics of this are yet to be confirmed, but Domenicali has confirmed that there will be changes afoot as to how these teams are punished.
"I would like there to be a sporting penalty for exceeding the budget cap, which is something we [FIA] have been pushing for.
"In Formula 1, we currently have three types of regulations: the sporting regulations, the technical regulations and the financial regulations.
"All violations we have to end up punishing with sporting measures, we cannot avoid that," Domenicali admitted.
It's no secret that Red Bull crossed the budget cap in 2021 and, while it wasn't by a huge amount, some fans of the sport are yet to forgive the Milton Keynes team. They received a $7 million fine and a 10% reduction of wind tunnel time. This hasn't dampened the performance of the RB19 however, with the car and its lead driver Max Verstappen leading the Standings by 99 points over his teammate Sergio Perez.