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.
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