The battle over Red Bull's F1 cost cap breach
The Race F1 Podcast
The Race Media Ltd
4.5 • 1K Ratings
🗓️ 10 October 2022
⏱️ 34 minutes
🧾️ Download transcript
Summary
Glenn Freeman and Ben Anderson join Edd Straw to explain Red Bull's 'minor overspend breach', what the potential penalties are and how F1's cost cap controversy could play out from here.
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Transcript
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| 0:00.0 | The Athletic. |
| 0:10.6 | The race is on, and it's official. The FIA has confirmed Red Bull did breach the cost cap and overspent in the 2021 Formula One season. |
| 0:19.0 | The only team to do so, despite both Aston Martin and Williams, |
| 0:22.9 | committing procedural breaches. But why hasn't a punishment been announced? And what does |
| 0:26.9 | this mean for the future of the cost cap? I'm Ed's draw and joining us to answer those questions |
| 0:31.0 | and many more are Ben Anderson and Glenn Freeman. Well, I have to say, it's great to be recording on what shall henceforth be known as |
| 0:39.6 | Cost Cap Certification Day. Seven teams have been given a certificate of compliance to show the FIA has |
| 0:44.4 | confirmed they did everything right under F1's financial regulations. How was it for you, Ben? |
| 0:49.1 | Did it live up to expectations? Well, I mean, when I was at school, getting certificates |
| 0:53.6 | was obviously very exciting. It's been a long time. Obviously, I didn't get a certificate today, so I'm very sad. It didn't live up to my expectations, no, because I think like the rest of the world, I was hoping very much to learn exactly how much Rebel had breached the cost cap by and how hard and fast the |
| 1:14.4 | FAO was going to throw the book at them. And unfortunately, we don't know either of those two things. |
| 1:18.3 | We only know or only have confirmed what we already knew or suspected strongly that Rebel indeed |
| 1:24.2 | breached the cost cap and overspent last year. So slightly deflating. But you made it |
| 1:30.4 | sound very exciting in your intro. So I'm going to get revved up again now. Who doesn't get |
| 1:34.6 | excited about certification of accounts? Come on. This is what the sport is all about. Glenn, you must |
| 1:40.8 | already be looking forward to Cost Cap Certification Day 2023 now. This is an annual event. |
| 1:46.1 | Maybe looking forward to booking it off, but I suppose we can, perhaps we can treat this like a pilot event. |
| 1:52.5 | And I hope everyone involved in staging this major moment on the F1 calendar learns from the mistakes of this year. |
| 1:59.5 | We get bigger and better breaches next year. |
| 2:02.2 | And as Ben says, maybe a bit more detail from the start would be nice as well. |
| 2:06.8 | I think we need to go a little bit transfer deadline day in football. |
| 2:09.9 | Go Sky Sports style. |
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