Mercedes title hopes in 2021 held back by team sticking to F1 cost cap

After several delays, the FIA is due to announce on Monday its findings in the audits of F1 team spending last year.

Those outfits who were below the $145 million limit will be issued with compliance certificates, while any squad that spent too much will likely face a hearing for potential sanctions.

There has been huge intrigue that two teams have been found to have overspent, with paddock speculation pointing towards it being Red Bull and Aston Martin. Both teams insist, however, that they have done nothing wrong.

But for Hamilton, who lost out in the title chase last year to Red Bull’s Max Verstappen, the situation is so critical because he knows the influence spending had in their on-track battle.

He cites the fact that while Mercedes had its hands tied and could not bring major upgrades it wanted to over the second half of the campaign, rival Red Bull kept bolting on new bits in a major push.

Asked if it would be damaging for F1 if it is found teams broke the limit, Hamilton said: “For sure, because it would put in question our values, the integrity of the sport.

“I remember last year, as a driver, you are always asking for updates. I remember at Silverstone we got our last update, and it was worth almost three tenths. I’m pretty certain it cost less than a million… but maybe over time it would cost more in terms of being built.

“I remember after that needing more updates, but then seeing trucks from those guys [Red Bull], updates continuing to arrive on the other car. I was thinking, ‘jeez, it’s gonna be hard to beat them in the championship if they keep bringing updates’.”

He added: “It’s so integral to the development race. If we had another half a million to spend, we would have been in a different position at some of the following races if we had brought another floor, which we could have easily done.

“But that’s not the name of the game and I’m grateful our team is very strict and abides [to the rules]. The way we work, they did an amazing job. It needs to be taken seriously.”

Hamilton hopes that when the FIA announces its findings in to the 2021 cost cap, that it does so with a proper explanation and complete openness so competitors and fans can understand exactly what has happened.

“I think it’s imperative,” he said. “We need to…