FIA reveals all 10 F1 teams met 2022 cost cap

formula 1

Each team will receive a certificate of compliance for meeting the cap between 1 January 2022 and 31 December 2022, which stands at a base of $135 million plus extras.This follows last year’s controversy that Red Bull was found to have overspent by approximately $1.8m, for which it received a financial penalty and a 10% reduction in its allotted aerodynamic testing.The FIA added that non-F1 …Keep reading Source

URL List