Budget cap rule breach is not the work of a moment, insists Wolff

07/10/2022
NEWS STORY

Mercedes boss, Toto Wolff, while not naming names, insists that any team that has exceeded the budget cap has not done so by accident but by design.

As expected, the FIA's failure to announce the results of its analysis of the teams' financial submissions means that once again the budget cap saga is overshadowing events on track.

Though he doesn't name names, Wolff is adamant that one team has exceeded the cap significantly and having been aware of the fact must face the consequences.

"This is not a moment in time where suddenly you discover breach or not," he said, according to Speedcafe.com. "The audits have been going on for a long time, every team has collaborated with the FIA, there's been discussions forward and backwards about how the interpretations go. So, it's over many months that you come to certain conclusions.

"The point is, you need to find out what the case is actually and we have no visibility of that," he continued. "Is it a so-called minor breach? I think the word is probably not correct, because if you're spending $5 million more, and you're still in the minor breach, it still has a big impact on the championship.

"To give you an idea: we obviously monitor closely which parts are being brought to the track from the top teams every single race... the '21 season, '22 season, and we can see that there is two teams, top teams, that are just about the same and there is another team that spends more.

"We know exactly that we're spending $3.5 million a year on parts that we bring to the car," he added. "And then you can see what difference it makes to spend another $500,000... it would be a big difference.

"We haven't produced lightweight parts for the car in order to bring us down from a double-digit over weight, because we simply haven't got the money, so we need to do it for next year's car. We can't homologate the lightweight chassis and bring it in because it's just $2 million that we would be over the cap.

"In terms of the penalties, there is a catalogue of penalties that the FIA needs to decide what's appropriate or whether this goes to the Cost Cap Adjudication Panel, which is the governance," said the Austrian. "We have no say in this. We shouldn't have an opinion on this either. We need to see what the outcome is and then one can comment.

"But again, all the stakeholders in the sport, all the teams that have complied to the regulations, the FIA, Formula 1, need to make sure that these regulations have teeth because of the aforementioned reasons, you can gain a real competitive advantage.

"All the teams were part of setting these regulations up, and all teams underwrote these regulations," he explained. "What it basically says is that we're all going to be audited. If you're in breach of the regulations you will not be issued a Certificate of Compliance, and then you can get into a settlement agreement with the FIA.

"That means the team needs to accept responsibility, needs to accept the fines that the FIA deems to be appropriate, then this is being made public, like we had the Williams case, for example, this is made public and very transparent. The whole process is very transparent.

"If it doesn't come to the settlement agreement, because either the team doesn't want to do it, or the FIA thinks it needs to go to the Cost Cap Adjudication Panel, then there is a group of judges, independent judges, that are going to look at the regulations and the case and come to a conclusion whether they should be penalised or not.

"If the team is not happy with the outcome, then you can still go to the ICA and appeal there," he added, referring to the International Court of Appeal.

"So it's a lengthy process, but I think super robust in terms of the governance.

"I have zero doubt that this is going to be handled in the right way and transparent - contrary to what we had in the past sometimes.

"Independent lawyers, maybe also judges, but people that have no involvement in Formula 1, people that have been brought forward as top in their league," adds the man who had a barrister on duty in Abu Dhabi... just in case.

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Published: 07/10/2022
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