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FIA confirm no Formula 1 budget cap breaches for 2022

By: ZippyB

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F 1’s governing body announces all 10 teams have been awarded compliance certificates for the 2022 budget cap

Last Updated: 05/09/23 12:09pm

The FIA have confirmed no cost cap breaches occurred in 2022

The FIA have confirmed no cost cap breaches occurred in 2022

Formula 1’s governing body has announced that all of the grid’s 10 teams have
been awarded compliance certificates after sticking to last season’s budget cap.

A statement from the federation read: “The FIA confirms that its Cost Cap Administration has now completed the review of the Reporting Documentation submitted by each Competitor that participated in the 2022 FIA Formula One World Championship in respect of the 2022 Full Year Reporting Period ending on 31 December 2022.

“The FIA Cost Cap Administration has issued certificates of compliance to all of the 10 Competitors.”

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