Stefano domenicali, president of Formula 1, yes All espresso brewing methods on respect for delivery times of the balance sheets by the teams to budget purposes chap.
Stefano Domenicali's complaints
Scalping, he's nervous, he seems to be in a constant fight against time and against the times: no, it's not about Leclerc, but about Stefano domenicali. After you already recriminated against free practice, fundamental to the development of cars and the right set-ups, this time he takes it out on the deadlines for delivering the budgets.
Il budget cap, you know, it is an age-old question which serves to place a spending cap on the stables, and this has never been without criticism. For this year, the budget cap it was expected at 135 million di dollars, but the rise of inflation and racing have enabled the creation of a gray area of tolerance of about 5 million.
Delivery terms
Il 31 March it was the last term for present the 2022 budgets for the purpose of verifying compliance with the spending limits. All teams have sent the necessary documents to the FIA and now the federal Cost Cap Administration is at work. On schedule. therefore there is no reason to be so agitated"I'm more than nervous. I'm pretty sure everyone now understands what the effects of a breach are. And I absolutely agree that the focus on this aspect will be very big indeed. I think it is an important point above all for the credibility of the sport. " This is what Domenicali told the cameras of Sky Sport UK.
"We are discussing, but this must be decided by the FIA, to make the inspection and certification take place much earlier: if some teams exceed the budget cap, the sanction must be corrected and must arrive in the shortest possible time, in order to be more credible“ – continued the president of F1. “There are other sports that are facing the financial regulation with times that are, in my opinion, too long and this is not good". It's a pity that the deadline has been respected by all teams, And that it takes several months to compile a good balance sheet.
Stefano Domenicali: the origin of the concern
You can, however, understand da where Stefano Domenicali's anxiety originates. First of all, last year 3 teams were penalised for failing to meet the spending limit. Red Bull he overstepped by $2,2 million, receiving a seven million fine. And the 10% reduction in time and space to carry out the 2023 aerodynamic tests. Alla Williams a small fine was imposed for late disclosure of financial data; L'Aston Martin he had to pay a $450.000 one for procedural violations.
Stefano Domenicali is in distress, therefore, from the moment the results could still be published in the autumn. This is it consequence of the promise by vertices of the FIA of faster assessments. But a violation done now may receive a fine even in two years, as happened with Red Bull.
After all, there are gods technical times to be respected to make the accounts, even with the best computer programs. It takes time so that i personal data come too read, processed and analysed well by some humans. This before deciding whether to fine or not a team. Times that can also consist in months, or a few years.
