instegro.net / mercedes-boss-on-red-bull-crossing-f1-budget-cap-every-million-is-a-massive-disadvantage - 40
H
Mercedes boss on Red Bull crossing F1 budget cap: 'Every million is a massive disadvantage’ Comment Share Mercedes team principal Toto Wolff walks in the Paddock before practice ahead of the F1 Grand Prix of Singapore at Marina Bay Street Circuit on September 30, 2022. (Photo by Clive Mason/Getty Images,) Mercedes team principal Toto Wolff urged his Red Bull counterpart, Christian Horner, to stay in tune with his Chief Financial Officer, confirming that the Red Bull Racing team has been under investigation for a potential budget cap breach for weeks. The Austrian also revealed they had to reduce the number of personnel in Mercedes to accommodate their expenditures within their budget caps.
Henry Schmidt Member
access_time 1 minutes ago
Mercedes boss on Red Bull crossing F1 budget cap: 'Every million is a massive disadvantage’ Comment Share Mercedes team principal Toto Wolff walks in the Paddock before practice ahead of the F1 Grand Prix of Singapore at Marina Bay Street Circuit on September 30, 2022. (Photo by Clive Mason/Getty Images,) Mercedes team principal Toto Wolff urged his Red Bull counterpart, Christian Horner, to stay in tune with his Chief Financial Officer, confirming that the Red Bull Racing team has been under investigation for a potential budget cap breach for weeks. The Austrian also revealed they had to reduce the number of personnel in Mercedes to accommodate their expenditures within their budget caps.
thumb_up Like (23)
comment Reply (0)
share Share
visibility 658 views
thumb_up 23 likes
S
Responding to Horner’s claims that there were no breaches, the Mercedes team boss spoke to Sky Sports saying: “It’s funny that Christian [Horner] says that, because it’s been weeks and months they’re being investigated, so maybe he doesn’t speak to his CFO (Chief Financial Officer). As a matter of fact, all of us have been investigated diligently. As far as we understand, there’s a team in minor breach which is more procedural, and another team that is fundamentally, massively over and that is being still looked at.
Sebastian Silva Member
access_time 4 minutes ago
Responding to Horner’s claims that there were no breaches, the Mercedes team boss spoke to Sky Sports saying: “It’s funny that Christian [Horner] says that, because it’s been weeks and months they’re being investigated, so maybe he doesn’t speak to his CFO (Chief Financial Officer). As a matter of fact, all of us have been investigated diligently. As far as we understand, there’s a team in minor breach which is more procedural, and another team that is fundamentally, massively over and that is being still looked at.
thumb_up Like (40)
comment Reply (3)
thumb_up 40 likes
comment 3 replies
D
Daniel Kumar 2 minutes ago
So that’s an open secret in the paddock.” Sky Sports F1@SkySportsF1"Funny that Christian says th...
H
Harper Kim 1 minutes ago
The Mercedes chief confirmed that Red Bull Racing have been under investigation for weeks while expl...
Show 1 more replies
A
So that’s an open secret in the paddock.” Sky Sports F1@SkySportsF1"Funny that Christian says that because it's been weeks and months they are being investigated" <br><br>Toto Wolff has his say on the 2021 Formula One budget cap.1630183"Funny that Christian says that because it's been weeks and months they are being investigated" Toto Wolff has his say on the 2021 Formula One budget cap. https://t.co/OX82UJd68P In the run-up to the 2022 F1 Singapore GP, there has been chatter about Red Bull Racing and Aston Martin having breached the budget cap for the 2021 season. Horner has quashed the speculation, but Wolff believes the Briton should be speaking to his CFO.
Andrew Wilson Member
access_time 15 minutes ago
So that’s an open secret in the paddock.” Sky Sports F1@SkySportsF1"Funny that Christian says that because it's been weeks and months they are being investigated"

Toto Wolff has his say on the 2021 Formula One budget cap.1630183"Funny that Christian says that because it's been weeks and months they are being investigated" Toto Wolff has his say on the 2021 Formula One budget cap. https://t.co/OX82UJd68P In the run-up to the 2022 F1 Singapore GP, there has been chatter about Red Bull Racing and Aston Martin having breached the budget cap for the 2021 season. Horner has quashed the speculation, but Wolff believes the Briton should be speaking to his CFO.
thumb_up Like (32)
comment Reply (2)
thumb_up 32 likes
comment 2 replies
W
William Brown 12 minutes ago
The Mercedes chief confirmed that Red Bull Racing have been under investigation for weeks while expl...
E
Ella Rodriguez 5 minutes ago
Revealing how Mercedes managed the budget cap, Wolff said: “[It’s a] massively heavyweight [issu...
H
The Mercedes chief confirmed that Red Bull Racing have been under investigation for weeks while explaining how they had to reduce the number of employees and restructure their team to accommodate themselves amidst the budget cap. If there has been an extensive breach, Wolff believes that it has been an unfair advantage for the teams who gained from it. There have also been rumors and speculations about Ferrari and Mercedes breaching the cost cap in 2022.
Hannah Kim Member
access_time 20 minutes ago
The Mercedes chief confirmed that Red Bull Racing have been under investigation for weeks while explaining how they had to reduce the number of employees and restructure their team to accommodate themselves amidst the budget cap. If there has been an extensive breach, Wolff believes that it has been an unfair advantage for the teams who gained from it. There have also been rumors and speculations about Ferrari and Mercedes breaching the cost cap in 2022.
thumb_up Like (4)
comment Reply (0)
thumb_up 4 likes
K
Revealing how Mercedes managed the budget cap, Wolff said: “[It’s a] massively heavyweight [issue]. We are using used parts. We are not running what we would want to run, we are not developing what we could be developing.
Kevin Wang Member
access_time 10 minutes ago
Revealing how Mercedes managed the budget cap, Wolff said: “[It’s a] massively heavyweight [issue]. We are using used parts. We are not running what we would want to run, we are not developing what we could be developing.
thumb_up Like (42)
comment Reply (3)
thumb_up 42 likes
comment 3 replies
T
Thomas Anderson 6 minutes ago
We have made more than 40 people redundant, that are dearly missed in our organisation. It was a hug...
M
Mia Anderson 6 minutes ago
The Mercedes chief believes the penalties for a potential breach not only impact the 2021 season but...
Show 1 more replies
A
We have made more than 40 people redundant, that are dearly missed in our organisation. It was a huge mammoth project to make the car, I don’t know how many 10s of millions we had to restructure, reprocess, in order to be below the cap and, if someone has been not doing that or pushing the boundaries, every million is a massive disadvantage.” <h2>Mercedes boss believes cost-cap breach will have a significant impact</h2> Speaking of the rumors, Toto Wolff claimed to have faith in the governance of the FIA in terms of scrutinizing the budget cap breaches.
Ava White Moderator
access_time 6 minutes ago
We have made more than 40 people redundant, that are dearly missed in our organisation. It was a huge mammoth project to make the car, I don’t know how many 10s of millions we had to restructure, reprocess, in order to be below the cap and, if someone has been not doing that or pushing the boundaries, every million is a massive disadvantage.”

Mercedes boss believes cost-cap breach will have a significant impact

Speaking of the rumors, Toto Wolff claimed to have faith in the governance of the FIA in terms of scrutinizing the budget cap breaches.
thumb_up Like (10)
comment Reply (1)
thumb_up 10 likes
comment 1 replies
V
Victoria Lopez 3 minutes ago
The Mercedes chief believes the penalties for a potential breach not only impact the 2021 season but...
J
The Mercedes chief believes the penalties for a potential breach not only impact the 2021 season but the current one and the one after. Explaining that there were independent judges in place to decide the penalties for the budget cap breaches, the Austrian believes it is not up to him to judge the punishment if Red Bull are guilty of breaching the cap. Explaining the impact of the penalties for breaching the budget cap, the Mercedes Executive Director said: “I don’t know.
James Smith Moderator
access_time 14 minutes ago
The Mercedes chief believes the penalties for a potential breach not only impact the 2021 season but the current one and the one after. Explaining that there were independent judges in place to decide the penalties for the budget cap breaches, the Austrian believes it is not up to him to judge the punishment if Red Bull are guilty of breaching the cap. Explaining the impact of the penalties for breaching the budget cap, the Mercedes Executive Director said: “I don’t know.
thumb_up Like (32)
comment Reply (3)
thumb_up 32 likes
comment 3 replies
C
Christopher Lee 1 minutes ago
I think there’s governance in place that is very solid, that the FIA has set up. [Teams] will be i...
K
Kevin Wang 5 minutes ago
But the crucial part is that, if you’ve been over in ’21, then you’ve been over in ’22. That...
Show 1 more replies
S
I think there’s governance in place that is very solid, that the FIA has set up. [Teams] will be issued a certificate of compliance and, if you’re not compliant, it goes to the so-called Cost Cap Adjudication panel with independent judges, and they can then choose from these penalties, the appropriate ones.
Sophie Martin Member
access_time 40 minutes ago
I think there’s governance in place that is very solid, that the FIA has set up. [Teams] will be issued a certificate of compliance and, if you’re not compliant, it goes to the so-called Cost Cap Adjudication panel with independent judges, and they can then choose from these penalties, the appropriate ones.
thumb_up Like (32)
comment Reply (0)
thumb_up 32 likes
N
But the crucial part is that, if you’ve been over in ’21, then you’ve been over in ’22. That means you have an advantage into ’23. If it’s true that they formulated a lightweight chassis this year, they may use it next year.
Nathan Chen Member
access_time 45 minutes ago
But the crucial part is that, if you’ve been over in ’21, then you’ve been over in ’22. That means you have an advantage into ’23. If it’s true that they formulated a lightweight chassis this year, they may use it next year.
thumb_up Like (16)
comment Reply (2)
thumb_up 16 likes
comment 2 replies
R
Ryan Garcia 31 minutes ago
So it’s really a cascade of events that can be influential on all of the three championships.” F...
A
Amelia Singh 13 minutes ago
At this stage, it is still an assessment of what is happening. I think it would be important to have...
S
So it’s really a cascade of events that can be influential on all of the three championships.” F1 Naija @f1_naija: Toto Wolff calls on FIA to show "integrity and leadership" and take a "robust stance" if it finds any F1 teams broke the budget cap regulations in relation to the current rumour about teams exceeding the cap in 2021.<br><br>#F1<br>#SingaporeGP62: Toto Wolff calls on FIA to show "integrity and leadership" and take a "robust stance" if it finds any F1 teams broke the budget cap regulations in relation to the current rumour about teams exceeding the cap in 2021.#F1#SingaporeGP https://t.co/5U6r8Yx2mZ Asked what the punishment would be if Red Bull had breached the cost cap, the Mercedes boss said: “It’s not up to me to judge, and it’s not realistic up to me to judge what the penalties could be. The judges have all that scope to analyse, but I wouldn’t want to be in their position because of the impact it has over three years.
Sebastian Silva Member
access_time 10 minutes ago
So it’s really a cascade of events that can be influential on all of the three championships.” F1 Naija @f1_naija: Toto Wolff calls on FIA to show "integrity and leadership" and take a "robust stance" if it finds any F1 teams broke the budget cap regulations in relation to the current rumour about teams exceeding the cap in 2021.

#F1
#SingaporeGP62: Toto Wolff calls on FIA to show "integrity and leadership" and take a "robust stance" if it finds any F1 teams broke the budget cap regulations in relation to the current rumour about teams exceeding the cap in 2021.#F1#SingaporeGP https://t.co/5U6r8Yx2mZ Asked what the punishment would be if Red Bull had breached the cost cap, the Mercedes boss said: “It’s not up to me to judge, and it’s not realistic up to me to judge what the penalties could be. The judges have all that scope to analyse, but I wouldn’t want to be in their position because of the impact it has over three years.
thumb_up Like (15)
comment Reply (2)
thumb_up 15 likes
comment 2 replies
A
Ava White 3 minutes ago
At this stage, it is still an assessment of what is happening. I think it would be important to have...
E
Elijah Patel 2 minutes ago
The Mercedes chief suggested that one team might have breached a minor amount, which could result in...
V
At this stage, it is still an assessment of what is happening. I think it would be important to have a certain degree of transparency where the alleged breaches have happened, or the alleged misinterpretations [have been] in order for us to assess, because you need to imagine – even if it’s the so-called minor breach that can be below 5%, you can spend $7 million more than everybody else. That means, if this is a light penalty, we will be all pushing those 5% more going forward.” According to Wolff, it is still unclear who breached the budget cap and by what amount.
Victoria Lopez Member
access_time 22 minutes ago
At this stage, it is still an assessment of what is happening. I think it would be important to have a certain degree of transparency where the alleged breaches have happened, or the alleged misinterpretations [have been] in order for us to assess, because you need to imagine – even if it’s the so-called minor breach that can be below 5%, you can spend $7 million more than everybody else. That means, if this is a light penalty, we will be all pushing those 5% more going forward.” According to Wolff, it is still unclear who breached the budget cap and by what amount.
thumb_up Like (10)
comment Reply (2)
thumb_up 10 likes
comment 2 replies
H
Hannah Kim 3 minutes ago
The Mercedes chief suggested that one team might have breached a minor amount, which could result in...
L
Liam Wilson 17 minutes ago
What's your favorite race of the 2022 season so far? Tell us in the comments below.....
M
The Mercedes chief suggested that one team might have breached a minor amount, which could result in a small penalty, while another has breached it excessively. While the Silver Arrows team still holds resentment from the fallout of the 2021 Abu Dhabi GP, this might be the silver bullet to politically get after the Red Bull Racing team. If Mercedes themselves have exceeded the limit in 2022, however, their political lobbying could fall short.
Mia Anderson Member
access_time 60 minutes ago
The Mercedes chief suggested that one team might have breached a minor amount, which could result in a small penalty, while another has breached it excessively. While the Silver Arrows team still holds resentment from the fallout of the 2021 Abu Dhabi GP, this might be the silver bullet to politically get after the Red Bull Racing team. If Mercedes themselves have exceeded the limit in 2022, however, their political lobbying could fall short.
thumb_up Like (0)
comment Reply (1)
thumb_up 0 likes
comment 1 replies
E
Emma Wilson 33 minutes ago
What's your favorite race of the 2022 season so far? Tell us in the comments below.....
D
What's your favorite race of the 2022 season so far? Tell us in the comments below..
Dylan Patel Member
access_time 39 minutes ago
What's your favorite race of the 2022 season so far? Tell us in the comments below..
thumb_up Like (23)
comment Reply (0)
thumb_up 23 likes
A
Poll : 0 votes Quick Links More from Sportskeeda Edited by Anurag C &times; Feedback Thank You! Be the first one to comment Follow Us Share Show More Comments GIF Comment in moderation 0 0 Reply x &nbsp;&nbsp;Edit &nbsp;&nbsp;Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply &#10094 &#10095 GIF Comment in moderation 0 0 Reply x &nbsp;&nbsp;Edit &nbsp;&nbsp;Delete Delete the comment?
Audrey Mueller Member
access_time 14 minutes ago
Poll : 0 votes Quick Links More from Sportskeeda Edited by Anurag C × Feedback Thank You! Be the first one to comment Follow Us Share Show More Comments GIF Comment in moderation 0 0 Reply x   Edit   Delete Delete the comment? No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ GIF Comment in moderation 0 0 Reply x   Edit   Delete Delete the comment?
thumb_up Like (19)
comment Reply (0)
thumb_up 19 likes
N
No thanks Delete GIF Cancel Update GIF Cancel Reply &#10094 &#10095 Be the first one to comment on this story More from Sportskeeda Fetching more content... 1 Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout No Results Found Get the free App now Manage notifications Popular ‍ Sports (30+) CricketCricket HomeScheduleT20 World CupT20 warm upIND vs SAENG vs PAKAUS vs ENGLegends LeagueECS T10 CroatiaWBBL 2022ECC T10SMAT 2022Bukhatir LeagueNZ T20 Tri-SeriesWomen's Asia Cup 2022ECT10 FootballFootball HomeNewslettersSK Experts ScheduleEPLNations LeagueLa LigaLigue 1Champions LeagueFIFA WCMLS Bundesliga Serie A WWEWWE HomeNewslettersRumor RoundupRAWSmackDownResultsRosterChampionsWWE Crown Jewel 2022PPV ScheduleAEW EsportsEsports HomeMinecraftOverwatch 2RobloxGenshin ImpactFortniteGTAStreamersFree FirePUBGValorantBGMIPop CultureAnimeGaming TechWiki Guides TennisTennis HomeTennis calendarTennis Results TodayATP RankingsWTA RankingsRoger FedererRafael NadalNovak DjokovicSerena Williams MMAMMA HomeUFC NewsONE ChampionshipUFC Fight NightScheduleRankingsResultsUFC Fights TonightONE Championship ResultsONE Championship ScheduleONE Championship Rankings KabaddiKabaddi HomePKL 2022PKL SchedulePKL Points TableKabaddi Rules WikiWiki HomeMinecraft WikiNaruto WikiTikTok WikiYoutube WikiGTA WikiTerraria WikiOne Piece Wiki MoreSportsBasketballIndian FootballNFLMinecraftFormula 1NascarPop CultureCollege FootballHockeyGolfAthleticsBadmintonGymnasticsWrestlingSwimmingTennisShootingBoxingArcheryWinter SportsRobloxFree PicksSkateboardingKho KhoLifestyle LINKS About Us Write For Us Policies Editorial Standards Journalism Awards Fact Check Affiliate Program Careers CSR Privacy Policy Contact Us Edition: English हिन्दी
Natalie Lopez Member
access_time 15 minutes ago
No thanks Delete GIF Cancel Update GIF Cancel Reply ❮ ❯ Be the first one to comment on this story More from Sportskeeda Fetching more content... 1 Manage your profile Editing Story Queue Video Queue Editing Stats Writer Home SEO Redirection Admin Wiki Edits Taxonomy Home Edit Site Menu Mapping Dashboard Tag Pages Community Social Feed Queue Feed Center Notification Center Affiliate Home Manage Pages Bottom Tagline Dash Timeless Stories Logout No Results Found Get the free App now Manage notifications Popular ‍ Sports (30+) CricketCricket HomeScheduleT20 World CupT20 warm upIND vs SAENG vs PAKAUS vs ENGLegends LeagueECS T10 CroatiaWBBL 2022ECC T10SMAT 2022Bukhatir LeagueNZ T20 Tri-SeriesWomen's Asia Cup 2022ECT10 FootballFootball HomeNewslettersSK Experts ScheduleEPLNations LeagueLa LigaLigue 1Champions LeagueFIFA WCMLS Bundesliga Serie A WWEWWE HomeNewslettersRumor RoundupRAWSmackDownResultsRosterChampionsWWE Crown Jewel 2022PPV ScheduleAEW EsportsEsports HomeMinecraftOverwatch 2RobloxGenshin ImpactFortniteGTAStreamersFree FirePUBGValorantBGMIPop CultureAnimeGaming TechWiki Guides TennisTennis HomeTennis calendarTennis Results TodayATP RankingsWTA RankingsRoger FedererRafael NadalNovak DjokovicSerena Williams MMAMMA HomeUFC NewsONE ChampionshipUFC Fight NightScheduleRankingsResultsUFC Fights TonightONE Championship ResultsONE Championship ScheduleONE Championship Rankings KabaddiKabaddi HomePKL 2022PKL SchedulePKL Points TableKabaddi Rules WikiWiki HomeMinecraft WikiNaruto WikiTikTok WikiYoutube WikiGTA WikiTerraria WikiOne Piece Wiki MoreSportsBasketballIndian FootballNFLMinecraftFormula 1NascarPop CultureCollege FootballHockeyGolfAthleticsBadmintonGymnasticsWrestlingSwimmingTennisShootingBoxingArcheryWinter SportsRobloxFree PicksSkateboardingKho KhoLifestyle LINKS About Us Write For Us Policies Editorial Standards Journalism Awards Fact Check Affiliate Program Careers CSR Privacy Policy Contact Us Edition: English हिन्दी
thumb_up Like (13)
comment Reply (0)
thumb_up 13 likes

Write a Reply

Similar Discussions