What are the penalties for exceeding the budget ceiling?

To cope with the inflation that is raging around the world and which is not sparing the Formula 1 teams, Christian Horner and Mattia Binotto continue to demand an increase in the budgetary ceiling which most teams risk exceeding. Both men admitted to being unaware of possible penalties and are seeking clarity.

Published on 29/05/2022 à 09:33

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Horner and Binotto wonder about possible sanctions if the budget ceiling is exceeded

Mattia Binotto and Christian Horner demand clarity from the FIA. © Photo DPPI

This is the big fight of the moment for Christian Horner and for a large majority of his fellow team bosses: obtaining the lowering of the budgetary ceiling, initially set at 140 million dollars for the year. For what ? Because this was decided before inflation hit the whole world in recent months, mainly due to the war in Ukraine. According to the information we have and that we revealed last week, three teams