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F1 boss 'trusts' FIA with cost cap penalties

One of the biggest stories of the 2022 Formula 1 season actually dates back to the year prior, when for the first time a cost cap was introduced. The results of the auditing from the FIA for the 2021 accounts revealed that three teams committed breaches of the cost cap, with Red Bull committing the biggest offence by overspending on the $145 million budget. As a result, the team was punished with a $7 million fine and must forfeit 10% of its aerodynamic development allowance. F1 Chief Executive Officer, Stefano Domenicali, spoke to Gazzetta dello Sport about the saga and the positive step it has made towards bringing in financial stability. "Let's take a step back first. The introduction of the budget cap is a positive step. We needed more financial stability in the sport. We are talking about a reality where before only sporting and technical regulations existed," he said. “The introduction of the financial variable is not without fits and starts. That i...

De Vries responds to Tost's brutal 'no trust' comments

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Nyck de Vries has responded to the comments made by AlphaTauri team boss Franz Tost, who claimed that he no longer had trust in his engineers after a poor start to their season. AlphaTauri are yet to score points so far in 2023, with Yuki Tsunoda coming close in Saudi Arabia before getting overtaken by Kevin Magnussen in the closing stages of the race. Tost had criticised the engineers of the AT04 earlier in the weekend, claiming that the severe lack of downforce is what is stopping them from progressing further up the field. De Vries claims he felt no change in atmosphere within the team after Tost made the comments . "I honestly think the vibe within the team is great and I felt no difference post certain comments that have been made," said De Vries. "I think things can be taken a little bit out of context and we were all kind of scratching our heads. We all want to be as quick as Red Bull that is currently winning and dominating." View...