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FIA Releases 2021 Financial Regulation Review: Redbull Guilty of ‘Minor’ Breach

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UNITED KINGDOM: The long-awaited Fédération Internationale de l’Automobile (FIA) review of the 2021 FIA Formula One World Championships Financial Regulation was released late evening on Monday. The review was originally scheduled to be released on 5th October, before the Japanese Grand Prix, but was subsequently postponed citing the intensive checking of the reported documents by the ten competing teams.

The FIA Cost Cap Administration issued certificates of compliance to all but three teams. The three teams found to have irregularities are Aston Martin F1, Redbull Racing, and Williams Racing.

Aston Martin Aramco Cognizant Formula One Team was found to be in Procedural Breach of the Financial Regulations. Meanwhile, after the review of the documents submitted by Oracle Red Bull Racing, the team was found to have Procedural and Minor Overspend Breaches of the Financial Regulations. Interestingly, both teams were the centre of budget cap breach speculations during the Singapore Grand Prix weekend a week ago.

In an interesting finding, Williams Racing was found of a Procedural Breach in regards to which the Cost Cap Administration entered into an Accepted Breach Agreement (ABA) with the team, during which the Procedural Breach was remediated in time. The team was compliant with the Financial Regulations in respect of the 2021 reporting period.

In the press release by FIA, it mentions that the review of submitted reporting documentation was done in an intensive and thorough process, along with the full support of all competitors. The FIA Cost Cap Administration noted that all competitors acted at all times in a spirit of good faith and cooperation throughout the process. 

The intervention of the FIA Cost Cap Administration was limited to the review of submissions made by the teams, and no formal investigations were launched. The FIA Cost Cap Administration will determine the appropriate course of action to be taken against Aston Martin, and Red Bull concerning the Financial Regulations and further information will be communicated in compliance with the Regulations.

According to the FIA, a minor breach is defined as spending an amount equal to or under 5% ($7.25 Million) of the cost cap ($ 145 Million), which is a significant amount in itself. According to Mercedes AMG Petronas F1 Team and Scuderia Ferrari team principals, every $1 million can translate into one-tenth of a second of lap time on track. 

Mercedes driver Lewis Hamilton previously stated that if his team had $300,00 more, they could have used an upgraded floor in the championship, which could have changed the ultimate result of the season. 

Red Bull Racing team released a press note in the aftermath of the release of the reviews stating their disappointment and disbelief in the findings. Interestingly, the team had previously claimed that the team’s spending during the 2021 season was well within the cost cap. Team principal Christian Horner hasn’t responded to the findings as of the time of writing this article.

The overspending seems to have originated due to catering and sick leave costs by the Red Bull team. Netizens took note of the findings and took to social media to express their amusement, causing a flood of memes regarding the team overspending due to catering. 

Also Read: Cost Cap Infringement Allegations Arise on a Potentially Historic F1 Weekend for Redbull

Bacterial Blight-resistant Varieties of Basmati Rice Developed

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INDIA: The India Agricultural Research Institute (IARI), the public sector farm research body which falls under the umbrella of the Indian Council of Agricultural Research (ICAR), recently developed three varieties of improved basmati rice that are resistant to bacterial blight and blast diseases.

According to the farmers who cultivated them for the first time in this agricultural season, the new varieties would revolutionise basmati cultivation in terms of reduced cost of input and increased global sales as the produce is pesticide residue-free.

The varieties are called Pusa Basmati 1847, Pusa Basmati 1885, and Pusa Basmati 2021. These are expected to play a role in sustaining Indian leadership in the export of Basmati rice as ICAR-IARI conducted tests on the crop and the results showed that the varieties address various concerns raised by the importing countries about the use of chemicals in basmati rice.

These nations had previously rejected some basmati rice consignments, stating the excessive levels of chemicals in them.

In recent years, the European Union (EU) has reduced the maximum residue limit of tricyclazole, one of the most commonly used fungicides, to 0.01 ppm.

India had an urgent need to address these restrictions in order to maintain its leading position. In 2021-22, India earned  25,053 Crore through basmati exports alone in 2021-22.

A.K. Singh, the lead breeder of the new varieties and director of IARI said, “These varieties armed with resistance to bacterial leaf blight and blast diseases will reduce expenditure on pesticides and thus the cost of cultivation by 2000 per acre, helping produce pesticide residue-free rice, leading to better price realisation and regaining our export market, particularly in the EU.”

Since bacterial blight and blast diseases are the major and destructive diseases in basmati rice, which can potentially cause huge yield losses as well as affect the grain and cooking quality, the new varieties will be a game changer in the basmati rice production industry.

Usually, the diseases in existing varieties are managed by the use of chemicals like streptocyclin and tricyclazole.

The current season has witnessed the adoption of the new varieties by more and more farmers in basmati paddy-grown areas in Punjab, Haryana, and Uttar Pradesh.

Also Read: India Chooses Not to Reveal about the Upcoming U.N. Vote on Ukraine

 




History and Significance of World Mental Health Day

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INDIA:  Every year, October 10, is celebrated as World Mental Health Day. The day has utmost significance in the modern day as the social stigma and mistreatment of people with mental health conditions crucially affect the way we see and deal with mental health issues. 

The day’s objective is to raise awareness about mental health issues globally and promote the efforts of organizations that support the cause of mental health. 

It is an opportunity for mental health crusaders to showcase and talk about their work while at the same time pointing out the requirements to make mental health care more accessible to the general public around the world. 

Richard Hunter founded World Mental Health Day in 1992. He was the Deputy Secretary-General of the World Federation of Mental Health (WFMH)

World Mental Health Day

At the time of its inception, World Mental Health Day did not have a specific objective other than to advocate mental health as a whole. During that period, it was challenging to change a vast number of harmful and dangerous habits that made an already difficult situation even worse for people. 

Innumerable mental health issues couldn’t be treated properly. Financing was another problem that was detrimental to treating mental health conditions in France, while in New Zealand, people with mental health issues were treated inhumanely.  

There was a general ignorance of the reality of mental health issues. This called for urgent response on a global scale to solve the mental health crisis.

The day has great significance because many aspects of mental health have been challenged. Even before COVID-19 struck in 2019, an estimated 1 in 8 people globally were afflicted with a mental disorder. 

The services, skills, and funding supplies available for mental health remain less compared to what is needed, especially in low- and middle-income countries.

The COVID-19 pandemic, apart from the lethal viral infection, has accelerated a global crisis for mental health, giving rise to short- and long-term stresses while further undermining many people’s mental health. 

According to reports by the World Health Organisation, there has been a rise in anxiety and depressive disorders by more than 25% during the first year of the pandemic.

This year’s World Mental Health Day campaign slogan is: “Make mental health = well-being for all a global priority”. The World Health Organisation (WHO) will work with its partners to launch a campaign around the theme.

Also Read: 7 Tips to Strengthen Your Brain Health 


Confusion and Chaos Reign Supreme at the Japanese GP as Max Verstappen Wins 2nd Title

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JAPAN: The long-awaited Japanese GP was touted as the venue where Max Verstappen would claim his 2nd driver’s championship.

The Dutchman did just that, but that wasn’t before the FIA shocked teams and fans alike with some questionable decision-making, including deploying a recovery vehicle while the race track was still active and a penalty for Ferrari driver and Max Verstappen’s nearest competitor, Charles Leclerc.

The paddock was expecting a dry race after yesterday’s dry and bright conditions, but nature had different plans as the heavens opened up over Suzuka and drenched the entire circuit.

Even though the track had driveable conditions except for a few “rivers” flowing across the track at the exit of turns 2 and 3, visibility played a crucial factor in the race throughout.

The safety car was deployed on the first lap itself after Ferrari driver Carlos Sainz aquaplaned in his pursuit of Red Bull’s Sergio Perez and crashed out of the race. His car spun and crashed into the barrier before sliding slightly onto the track. Further behind, Alex Albon suffered an engine failure and had to retire his car.

Sebastian Vettel, who started 9th in his final Japanese GP, made contact with Fernando Alonso in the first corner and had a spin. He re-joined in the bottom part of the standings. Pierre Gasly, who started from the pitlane, collected a piece of advertising board that became dislodged from the barriers as a result of Carlos’ crash and found its way onto the track.

The board got lodged on his front wing and massively affected his visibility. He made a quick pitstop to change the front wing of his AT03 and set off to catch the safety car queue.

While lap 1 was carnage in itself, more chaos was set to follow. The session was red-flagged and a tractor was deployed to recover Carlos Sainz’s car.

The speeding car of Pierre Gasly encountered the recovery vehicle, which brought back horrific flashbacks of the 2014 Japanese GP, where the car of Jules Bianchi had spun off track in similarly wet conditions and hit a recovery vehicle. Jules Bianchi suffered grievous head injuries and succumbed to them a year later.

The FIA faced massive backlash from fans and drivers alike regarding the deployment of a recovery vehicle while the race car was still on track.

Carlos Sainz, in an interview during the red flag, was quoted as saying: “I still don’t know why in these conditions we keep risking having a tractor on-track, because it’s just worthless. If you’re going to red flag it anyway, why risk it? ” McLaren driver, Lando Norris, took to social media to condemn the incident.

Pierre Gasly was summoned to the steward’s office to investigate the incident. After the conclusion of the race, he was given a 20-second penalty and 2 penalty points on his super license, which was again seen by many as the FIA not taking accountability for the incident.

The following former F1 driver and current F1 commentator on his social media handle had the following to say regarding the whole incident.

The race wasn’t resumed until well over 2 hours had passed and the rain weakened into a slight drizzle. The race was resumed behind the safety car and the teams were instructed to use extreme wet tyres for the restart.

The safety car came into the pits after 3 laps and Max Verstappen led away from the pack as a few drivers decided to switch their tyres to intermediate wets. Soon after, the entire pack followed suit, and the pit lane saw a flurry of activity.

The drivers who had pitted earlier made-up positions as outgoing Sebastian Vettel, who found himself at the back of the pack at the first start, was now in a points-scoring position, along with William’s driver Nicholas Latifi, who scored his first points of the 2022 season.

More drama followed towards the end of the Japanese GP as Charles Leclerc, who was 25+ seconds behind the race leader, Max Verstappen, while struggling for grip on his worn-down intermediate tyres, was being caught by Sergio Perez.

Under immense pressure from the Mexican, Charles made an error in the last lap. Going into the penultimate chicane, he braked too late and had to cut the corner as Max Verstappen took the chequered flag and won the Japanese GP.

As the cars were on their cool-down laps, the stewards gave Charles Leclerc a 5-second time penalty for the incident, which relegated him to 3rd position behind Sergio Perez.

This was met with criticism from the Ferrari team principal, who expressed disappointment over his driver not being given a chance to explain himself, similar to the opportunity given to Redbull’s Sergio Perez in the previous GP, where he was found guilty of having breached a safety car regulation twice but was let off with a reprimand for the first offence and a 5-second penalty for the second offense.

In the post-race interview, Mattia Binotto said: “I have little desire to comment. I think the choice of the FIA is ridiculous and unacceptable. In the last race, it took an infinite time to decide, while today it took a few seconds. There was no advantage gained by Charles [in the last lap incident]. [… We will talk about it in the appropriate places, but this decision taken without even listening to drivers is unacceptable as there was no advantage gained. Today it took them a moment to give the penalty to Leclerc. Three hours in Singapore with Perez, the poor guy who couldn’t even follow the safety car. Two identical infractions, but different penalties.”

The title battle seemed to proceed to the next race to be held in Austin a fortnight later. But in a shocker from the race control, full points were awarded for the rain-truncated race, which effectively meant that Max Verstappen led the driver’s championship by 113 points-just enough to seal the title in his favour.

No lessons seemed to be learned from last year’s Belgian Grand Prix, where the drivers were awarded half points in a race that saw no racing action other than two laps behind the safety car.

Even though the regulations were modified for the 2022 season and the Japanese GP was intended to award half points since the race hadn’t gone beyond 75% of the full race distance, Everybody, including the newly crowned world champion, Max Verstappen, was shocked as the news was announced in real-time during the post-race interview by the commentator, Johnny Herbert.

The fans found the FIA decision-making questionable as it remains to be seen if Ferrari will appeal to overturn the last lap penalty and take the championship battle to the next race in Austin or if Max Verstappen will retain his second title mired in controversy.

Interestingly, the race stewards’ team for the Japanese GP featured a couple of officials from the highly controversial 2021 Abu Dhabi GP, which saw Lewis Hamilton being stopped from creating history and enabled the crowning of Max Verstappen as the first Dutchman to win the F1 drivers’ championship.

Also Read: Cost Cap Infringement Allegations Arise on a Potentially Historic F1 Weekend for Redbull


Max Verstappen Wins Tightly Competed Japanese Grand Prix Qualifying

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JAPAN: In what turned out to be an exciting qualifying session at Suzuka, Max Verstappen set a lap time of 1m 29.304s and took pole position by 0.010s ahead of Ferrari’s Charles Leclerc and 0.057s ahead of Carlos Sainz, as team-mate Sergio Perez completed the top 4.

However, Max Verstappen will be investigated for an incident involving McLaren’s Lando Norris at the exit of the famous 130R.

Alpine showed great form as Esteban Ocon and Fernando Alonso took 5th and 7th respectively, with Alonso splitting the Mercedes pair of Lewis Hamilton and George Russell, who were unable to replicate their pace from free practise sessions.

Sebastian Vettel put up a brilliant display for the vast number of his fans in the Suzuka grandstands as he made it through to Q3 for the first time since the Azerbaijan GP as he finished 9th, just ahead of Lando Norris.

Daniel Ricciardo, whose chances of being in F1 grew bleaker after Alpine and Alpha Tauri signed Pierre Gasly and Nyck de Vries, missed out on making it to Q3 by a slim margin and will start 11th. He was followed by 2019 Japanese GP winner Valtteri Bottas in 12th, with his teammate Zhou Guanyu in 14th. Yuki Tsunoda was in the middle of the Alfa Romeo sandwich after a decent showing which put him in 13th.

Kevin Magnussen, a Haas teammate, finished 18th. Alex Albon narrowly missed out on a Q2 appearance as he set a lap good enough for 16th, while Pierre Gasly suffered from brake issues, which resulted in him finishing 17th.

Lance Stroll struggled in his Aston Martin as he came back in 19th, with Nicholas Latifi of Williams rounding up the bottom of the qualifying sheets. The latter will serve a 5-place grid penalty for causing a collision with Zhou Guanyu in Singapore, even though the penalty will not result in a change of the qualifying order.

Lando Norris, who was on a slow lap preparing for his flying lap was approaching the 130R while Max Verstappen was ahead him in the queue preparing for his flying lap as well. Max Verstappen veered sharply to his right as Lando closed in and had to go onto the grass to avoid a collision, which in turn compromised his lap time. 

Later, after the investigations, the stewards let Max Verstappen go after giving him a reprimand.

Also Read: Alonso’s Magic in Soaking Wet Practice Session in the Japanese Grand Prix

 

George Russell Shines in Mercedes Resurgence in Second Practice at Suzuka

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JAPAN: Mercedes driver George Russell excelled in the wet conditions greeted the teams again at Suzuka as a steady drizzle continued into the second practise session, which, in a carbon copy of the first practice, saw the drivers staying in the pits at the beginning of an extended practise session which was originally scheduled to conduct the tyre tests of next year’s dry weather compounds.

After the drivers ventured out onto the track, the first 30 minutes of the 90-minute practice session saw Hamilton set the benchmark time of 1 m 49.489 s.

With an hour remaining on the clock, Hamilton and Russell were the first drivers to try the intermediates, and the British duo immediately started trading fastest laps as the track conditions began to improve.

In the end, it was Russell who set the fastest lap of 1 minute 41.936s, which was 0.235s faster than Hamilton’s fastest lap of 1 minute 42.170s.

Championship leader Max Verstappen was 0.851s behind Russell to come home in 3rd, followed by team-mate Sergio Perez in 4th.

Kevin Magnussen continued his good run of form to finish 5th. His team-mate Mick Schumacher was unable to take part in the session due to damage to his car, which required a chassis change after crashing into the barrier at the end of FP1.

Carlos Sainz was the quicker of the Ferrari duo, finishing sixth ahead of compatriot Fernando Alonso, who was unable to replicate his FP1 form. Alfa Romeo had a decent session as Valtteri Bottas and Zhou Guanyu brought home their cars in 8th and 10th place, respectively, sandwiching the Alpine of Esteban Ocon in 9th.

Charles Leclerc wound up outside of the top 10 in 11th after he complained of issues with his brakes, which saw him spend a considerable amount of time in the garage. The Williams duo of Nicholas Latifi and Alex Albon displayed better performances as they set times good enough for 12th and 13th respectively.

Home favourite Yuki Tsunoda was down in 14th, ahead of Sebastian Vettel, who is a four-time Japanese Grand Prix winner. The McLaren duo of Lando Norris and Daniel Ricciardo were 16th and 17th, respectively, ahead of Lance Stroll and Pierre Gasly, winding up the time sheets.

A few drivers, including Leclerc, Perez, and Tsunoda, found it difficult to cope with the challenging conditions as they had their moments with the gravel.

Also Read: Alonso’s Magic in Soaking Wet Practice Session in the Japanese Grand Prix

Alonso’s Magic in Soaking Wet Practice Session in the Japanese Grand Prix

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JAPAN: Fernando Alonso tops the timing sheets in the rain-affected First Practice session of the Japanese Grand Prix, putting his A522 ahead of the Ferrari duo.

As F1 returns to Suzuka for the Japanese Grand Prix for the first time since 2019, heavy rain welcomed the drivers ahead of the one-hour practice session. The session saw minimal activity in the first minutes as local lad Yuki Tsunoda and Kevin Magnussen was the first to venture into the wet conditions on the Pirelli’s wet tyres. They were soon joined by the rest of the field as they tried to gather some early wet tyre mileage and get in tune with the Suzuka track.

It didn’t take long for Charles Leclerc to report that the track was ready for the intermediates, and around 30 minutes into the session, drivers switched to the green circled Pirelli inters. Another intense downpour arrived soon and soaked the track once again, culminating in a session with mixed conditions and limited running for the teams.

Fernando Alonso showed his vintage mastery in the wet conditions and Alonso topped the timing sheets with a 1m 42.248s, three tenths ahead of Ferrari’s Carlos Sainz, with Leclerc, who survived a brief venture in the gravels late in the session further behind by a tenth. Esteban Ocon showed great composure as he finished P4, as Alpine looks to bounce back after a weekend to forget in Singapore last week.

Magnussen ended up 5th fastest for Haas, closely followed by Max Verstappen, who straightaway went to intermediates as he set off on a weekend which could see him claim the driver’s championship. Mick Schumacher, who lost control and crashed at turn 7 after the chequered flag, took 7th after he complained of getting blocked by Alonso in the final sector.

McLaren’s Lando Norris reported engine issues as he claimed 8th place, while the winner from the previous race, Redbull’s Sergio Perez, finished 10th, sandwiched between the Alfa Romeo pair of Valtteri Bottas and Zhou Guanyu.

Daniel Ricciardo, who would like to continue his form from the previous race, had a relatively quiet session as he slotted in 12th after a trip off the track. Lewis Hamilton led a quiet session for Mercedes as he set a lap time which was good enough for 13th; his teammate George Russell, who endured a torrid Singapore GP, was down in 18th.

Lance Stroll took 14th for the Aston Martin, while his teammate Sebastian Vettel, who will be racing in Suzuka for the last time as he bids adieu to the sport at the end of 2022, finished at the bottom of the timing sheets.

Pierre Gasly was 16th in the middle of a Williams sandwich of Alex Albon in 15th, and Nicholas Latifi, who locked up early in the session and made a brief trip in the gravel, finished 17th, while Yuki Tsunoda started his home Grand Prix in 19th.

Also Read: Max Verstappen Wins the Azerbaijan Grand Prix 2022

Toto Wolff Incurs the Misplaced Wrath of Redbull Supporters

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UNITED KINGDOM: In what has been a turbulent week for F1 fans all over the world over the budget cap exceeding allegations raised against Redbull Racing and Aston Martin, Toto Wolff was the target of a misplaced online slander campaign by Redbull supporters.

Mercedes team principal Toto Wolff, talking to BBC Sport ahead of the Singapore Grand Prix, said, “The cost cap is probably the most important evolution of regulations to keep a level playing field to allow teams that haven’t got the full budget to catch up and to put a ceiling on the spending of the top teams. It is of huge importance to demonstrate that these regulations are being policed, and I have no reason to believe otherwise. The FIA, particularly Mohammed bin Sulayem, the FIA president, has shown a pretty robust stance on enforcing all kinds of regulations. So, if we are talking now about something big, he will show the same integrity and leadership that he has done before.”

Responding to the comments from Toto Wolff and Ferrari Team Principal Mattia Binotto, Redbull Racing Team Principal, Christian Horner, said that the ‘comments were inflammatory’ and demanded the source of information from his rival team principals.

He further added that it was not coincidental that such allegations were made ahead of a potentially historic weekend for his team.

This incited a majority of Red Bull supporters, who cast a shadow of suspicion and accused Toto Wolff of espionage. Interestingly, such allegations were raised against Mercedes during the Canadian GP weekend earlier in the season, where the FIA Interim Secretary General, Mrs. Shiela Ann Rao, was accused of showing favouritism towards her former-employer Mercedes F1 Team.

Several rival team principals were taken aback by Red Bull Racing’s upgrades to their 2022 challenger RB18. In an interview in the early stages of the championship, Ferrari F1 Team Principal Mattia Binotto remarked that he found Red Bull’s progress remarkable, to say the least, and openly questioned whether the competitor would meet the budget ceiling.

He was quoted as saying, “If there is a concern, it is how much Red Bull is developing considering the budget cap. But more than a concern, as I said, maybe it is a hope, because at some stage, Redbull will need to stop their development.”

Incidentally, the rumours of the alleged breach of the budget cap were first released by the Italian and German media outlets, further outlined by the Red Bull Racing plan to introduce a new lightweight chassis mid-season, which had sparked doubts over how they were planning to adhere to the budget.

Also Read: World Champion Sebastian Vettel to Retire from F1 at the End of 2022

India Set to Welcome MotoGP in 2023

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INDIA: MotoGP recently announced that India will become the 31st country to host a motorcycle Grand Prix at the Buddh International Circuit in September 2023.
 
MotoGP commercial rights owner Dorna and race promoter Fairstreet Sports signed a Memorandum of Understanding (MoU) last Wednesday to host the marquee 2-wheeler racing event in India for the next seven years.

Top officials from Dorna had visited India earlier this month to sign the MOU. They also held meetings with Uttar Pradesh’s CM, Yogi Adityanath, and Union Sports Minister, Anurag Thakur. India has been listed as the 14th round in a provisional 21-race calendar.

The promoters of the event, in a press release, said: “MotoGP also has plans to also introduce MotoE into the Indian racing scenario, which will not only be a first in Asia but a significant green initiative with net zero carbon emission.”

Dorna CEO Carmelo Ezpeleta was quoted in a statement as saying, “We’re very proud to announce that Buddh International Circuit will be on the 2023 calendar. We have a lot of fans in India, and we’re excited to be able to bring the sport to them.”

“India is also a key market for the motorcycle industry and, therefore, by extension, for MotoGP as the pinnacle of the two-wheeler world. “We very much look forward to racing at Buddh International Circuit and can’t wait to welcome the fans through the gates to see this incredible sport in person,” he added.

Also Read: Audi to Make Its F1 Debut in 2026

Cost Cap Infringement Allegations Arise on a Potentially Historic F1 Weekend for Redbull

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UNITED STATES: In a weekend that could potentially hand Max Verstappen his second consecutive Formula One World Driver Championship (F1), rumours regarding the team exceeding its budget (cost) cap arose in the paddock. The other team, which supposedly failed to adhere to the budget cap, is said to be Aston Martin.

Redbull Racing had previously raised eyebrows not too long ago in the 2022 season, with multiple opposing team principals being suspicious of the number of upgrades being brought to the RB18 throughout the season.

In an interview in the earlier stages of the championship, Ferrari F1 Team Principal Mattia Binotto remarked that he found Red Bull’s progress remarkable, to say the least, and openly questioned whether the competitor would meet the budget ceiling. He was quoted saying, “If there is a concern, it is how much Red Bull is developing considering the budget cap. But, as I previously stated, it may be more of a hope because, at some point, Red Bull will need to halt their development.”

Mercedes team principal Toto Wolff, talking to BBC Sport at the Singapore Grand Prix, said: “The cost cap is probably the most important evolution of regulations to keep a level playing field, to allow teams that haven’t got the full budget to catch up, and to put a ceiling on the spending of the top teams. It is of huge importance to demonstrate that these regulations are policed, and I have no reason to believe otherwise. The FIA, particularly Mohammed bin Sulayem, the FIA president, has shown a pretty robust stance on enforcing all kinds of regulations. So, if we are talking now about something big, he will show the same integrity and leadership that he has shown before.”

Several teams raised questions as to why the process of ensuring adherence to the budget cap had taken so long.

The budget teams spend during a season also includes their development for the following year’s car, so any breach of the budget limit in 2021 would impact a team’s performance in 2022.

Since they are likely to have used the same methodology to evaluate costs and spending in 2022, they could be in breach this year, too, and this would have an impact on 2023 car development.

An FIA spokesperson speaking to media outlets said: “The FIA is currently finalising the assessment of the 2021 financial data submitted by all F1 teams. Alleged breaches of the financial regulations, if any, will be dealt with according to the formal process set out in the regulations.”

If the accusations against the teams are proven to be true, we risk exacerbating the problems F1 has had with the credibility of the 2021 season and extending them into this year.

F1 had a controversial end to the 2021 season, which saw then racing director Michael Masi create his own interpretation of the safety car rules, hand Max Verstappen his first drivers’ championship, and rob Lewis Hamilton of a historic 8th world title.

Also Read: Max Verstappen Wins Mexico City Grand Prix 2021