Fred Vasseur feels it is ironic from Toto Wolff to question about Ferrari’s Cost Cap spending, after the Mercedes F1 chief raised surprise. Following the Austrian GP, Mercedes F1 chief Wolff put out a surprise note regarding the string of upgrades that Ferrari has managed since the start of 2026 season. It is not just…
Mercedes F1 Team Principal Toto Wolff has expressed surprise at Ferrari’s relentless development rate, questioning how the Scuderia continues to introduce major upgrades while operating under Formula 1’s cost cap. Speaking after the F1 Austrian Grand Prix, Wolff confirmed that Mercedes’ fresh power units did not include a performance upgrade and revealed that the team…
The Fédération Internationale de l’Automobile (FIA) has officially completed its comprehensive review of the 2024 FIA F1 Financial Regulations. The governing body’s Cost Cap Administration (CCA) found nine of the ten Formula 1 teams in full compliance with the cost cap for the 2024 reporting period. This announcement marks a significant moment for the sport’s…
For the 2023 F1 season, the FIA implemented a cost cap of $ 95 million for the power unit manufacturers, which coexists with the cost cap for the manufacturers first introduced for the 2021 season. Accordingly, this year marked the first year the Power Unit Manufacturers had to submit documentation for the 2023 reporting period…
Following a “thorough and intensive review” of Reporting Documentation submitted to its Cost Cap Administration (CCA) for the 2023 FIA Formula One World Championship, motorsport’s governing body, the Fédération Internationale de l’Automobile (FIA), has announced all 10 Formula One (F1) teams were found to have complied with financial regulations. The Financial Regulations for F1 Teams,…
Introduced in 2021, the cost cap obliges all Formula 1 teams to spend a maximum amount of $135m a season. The aim is to help the smaller teams to have a better chance against the bigger ones like Red Bull, Ferrari, and Mercedes. Additionally, a new set of rules was put in place for 2022,…
Whilst Formula 1 is no stranger to competition, both on and off the track, the financial regulations set by the FIA have stirred the…
It has been confirmed by the FIA that no teams breached the cost cap during the 2022 Formula One season. Rumours had circulated that…
