Motorsport News

Toto Wolff says budget cap breaches would be a ‘heavyweight’ issue for Formula One

Toto Wolff says budget cap breaches would be a 'heavyweight' issue for Formula One


SINGAPORE — Mercedes team principal Toto Wolff says Formula One faces a “heavyweight” issue amid claims Red Bull and Aston Martin exceeded the sport’s cost cap in 2021.

After several months of analysing all 10 teams’ accounts, the FIA is set to issue certifications to those that met the $145 million budget cap last year.

In an interview with Sky Sports after Friday practice at the Singapore Grand Prix, Wolff said it was a serious issue for the sport’s governing body to tackle.

“It’s heavyweight,” he said. “That’s massively heavyweight.

“We are using used parts, we are not running what we would want to run, we are not developing what we could be developing. We’ve made more than 40 people redundant that are dearly missed in our organisation.

“It was a huge mammoth project to make the cap. I don’t know how many tens of millions we had to restructure and reprocess to be below the cap. If someone has not been doing that, or pushing the boundaries, every million is a massive disadvantage.”

Red Bull team boss Christian Horner also spoke to Sky Sports in Singapore, saying the accounts the team submitted were within the budget cap and he is confident they are compliant with the rules.

“We’re certainly not aware of any [breach],” Horner said. “The accounts were submitted back in March, so it’s been a long process with the FIA. We’re in that process as we speak.

“They’re rightly following that process and I think next week is when they declare their certificates. Our submission was below the cap, and it’s down to the FIA to follow their process, which they’re currently doing.”

In response, Wolff added: “It’s funny that Christian says that, because it’s weeks and months that they are being investigated. Maybe he doesn’t speak to his CFO.

“All of us have been investigated diligently and as far as we understand, there’s a team in [a] minor breach which is more procedural and another team that is fundamentally massively over. That is being look after, that’s an open secret in the paddock.”

The issue is a contentious one as Max Verstappen narrowly beat Lewis Hamilton to the title last year after an already-controversial season finale in Abu Dhabi. However, Wolff said exceeding the budget cap last season — in a year when all teams were simultaneously fighting for the 2021 title while designing new cars for F1’s new regulations — would have a major impact on this season, and possibly 2023 as well if rumours Red Bull has already designed a lightweight chassis for next year are…

Click Here to Read the Full Original Article at www.espn.com – RPM…