Formula 1 teams stayed under the complicated $142.2 million budget cap, with many typical team expenses not even included.
All 10 Formula 1 teams played by the rules when it came to money in the 2022 championship, governing body the FIA confirmed on Tuesday.
while Red Bull was found to have undertaken a minor financial overspend. The outcome caused controversy—owing to the close nature of Formula 1’s 2021 title fight – and Red Bull was fined $7 million and docked 10% of its wind tunnel development time. "The review has been an intensive and thorough process, beginning with a detailed analysis of the documentation submitted by the competitors," read a statement from the FIA. "Additionally, there has been an extensive check of any non-F1 activities undertaken by the teams, which comprised multiple on-site visits to team facilities and careful auditing procedures to assess compliance with the Financial Regulations.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
All 10 Formula One teams in compliance with 2022 cost capAll Formula One teams were in compliance with cost cap restrictions last year, the sport's governing body said on Tuesday.
Les mer »
Seahawks suddenly tight on cap space as season set to startAfter extending Uchenna Nwosu and restructuring the contracts of Tyler Lockett and Quandre Diggs, many fans had expected a big ticket signing, but the current cap situation makes that seem unlikely.
Les mer »
WATCH: Arsenal scores two late goals to cap comeback vs. Manchester UnitedDeclan Rice and Gabriel Jesus capped a thrilling Arsenal comeback vs. rivals Manchester United during Matchday 4 of the Premier League on Sunday.
Les mer »
Biggest Stablecoins' Combined Market Cap Increases by $660M in 2 WeeksThe combined market capitalization of has recently shown growth for the first time since the FTX crash.
Les mer »
This Week in Business: factory orders, services industry health, layoffs updateOn Tuesday, the Commerce Department releases its July snapshot of business orders to U.S. factories.
Les mer »
Giants tweak Daniel Jones’ record contract to create salary cap spaceQuarterback Daniel Jones signed a four-year, $160 million contract with the Giants in March.
Les mer »