© Jiri Krenek for Mercedes-Benz Grand Prix Ltd.
The FIA has announced that the issuing of Certificates of Compliance with the budget cap will be delayed, and shoots down “significant and unsubstantiated speculation”.
Today, the FIA was supposed to announce the official results of their assessment of the 2021 financial data submitted by all Formula 1 teams.
The Formula 1 world was eagerly awaiting the results, as it has been widely speculated that Red Bull and Aston Martin breached the 2021 budget cap.
However, the FIA now came out with a statement saying that the results will be delayed until Monday.
“The FIA informs that the conclusion of the analysis of the 2021 financial submissions of the Formula 1 teams and the subsequent release of Certificates of Compliance to the Financial Regulations will not take place on Wednesday, 5 October,” reads the FIA’s statement read.
“The analysis of financial submissions is a long and complex process that is ongoing and will be concluded to enable the release of the Certificates on Monday, 10 October.
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“The Financial Regulations were agreed unanimously by all Competitors, who have worked positively and collaboratively with the FIA Cost Cap Administration throughout this first year under the Financial Regulations.
“As previously communicated, there has been significant and unsubstantiated speculation and conjecture in relation to this matter, and the FIA reiterates that until it is finalised, no further information will be provided.
“The FIA also reiterates that any suggestion that FIA personnel have disclosed sensitive information is equally baseless,” the statement concludes.
Despite the FIA’s attempt to quell the speculation surrounding possible budget cap breaches, there is no doubt that this delay will only fuel more conspiracy theories.
