Before even a single lap was completed in Mexico, a fresh and potentially very consequential controversy gripped the F1 paddock. At least two teams are understood to have exceeded the budget cap in 2024, which would warrant a range of punishments depending on the severity of the overspend.
Aston Martin are said to have committed a procedural breach, meaning they did not sign off all of their documents with signatures in time.
However, this is a technical formality more than a major rule brake. Based on the existing precedent, the Silverstone team should walk away with a small fine.
Elsewhere, however, another team is still protesting the FIA’s findings in their financial report. This team is said to have committed a severe breach, and is therefore working to avoid a significant penalty.
Max Verstappen leads the field into turn one. (Photo by Clive Rose/Getty Images) // Getty Images / Red Bull Content Pool
Aston Martin admit to minor procedural breach, but bigger questions remain
There have been a handful of teams to exceed the budget cap limit since its introduction around half a decade ago. Undeniably the biggest violation came to the forefront in 2022, when it was revealed that Red Bull overspent by almost £2 million.
The FIA sanctioned Red Bull with a fine of £6 million and a 10% reduction in wind tunnel time for the following 2023 campaign. Both then and now, this was the first evidence of how financial malpractice would be punished.
Still, depending on how badly a team overspends, there is always the scope for more severe penalties in the future. Given the unknowns presented by the 2026 regulations, any team would suffer greatly from a reduction in wind tunnel time next year.
Although official confirmation is needed, the consensus in the paddock is that a major breach occurred. Over the coming days and weeks, the validity of this rumour will become clearer.
With that said, the delay in the FIA’s publication of it findings suggests there is something noteworthy happening in the background. Inevitably, there is speculation about which teams could be guilty of this hypothesised major breach.
For the time being, however, there is no concrete evidence about who is under the FIA’s microscope.
The F1 Grand Prix of Miami. (Photo by Hector Vivas/Getty Images) // Getty Images / Red Bull Content Pool
Official numbers to be released soon
As yesterdays’ team principals press conference, the latest rumour to hit the paddock emerged as the significant talking point. Generally speaking, the responses to such an obviously important issue were composed.
Ferrari’s Fred Vasseur discussed the ongoing delay to release the 2024 accounts:
“Yeah. I think it’s not a big deal to have the decision in September or October at the end of the day.
“On this, we have to trust the FIA that they are doing their job. And I think it’s not an easy one, honestly. but we also have to avoid making any speculation on rumours. That would be a mistake.
“And the last part of the equation – if someone did a procedural breach – I think this can happen to everybody, and it’s not a sporting advantage.
“We have to separate sporting advantage with a sporting penalty from a technical mistake or administrative issue. Let’s wait and see.”
The Frenchman’s comments are consistent with the existing consensus on violations of the budget cap. Procedural infringements, which amount to filing errors rather than financial ones, offer no competitive advantage.
In the event a team spent millions more than the annual limit, a more substantive sporting penalty could be appropriate.
Main photo: Mark Thompson/Getty Images (Red Bull content pool)