Motorsport Off Topic Thread

Expect the following from RB

It will all be hushed up -

"a deal has been reached, the terms of which are not going to be released"
"we (RB) don't admit liability or any such thing, but will pay the fine and move on"
"No admission of guilt"
etc etc

Another pathetic cover up by the top teams/FIA incoming.

It's a joke that all this stuff isn't clearly laid out, putting an end to all the speculations/rumours. If RB want all the speculation/snide comments to stop (cause children are getting bullied! :cry: ) - then come out, open up, be clean, take the hit and move on.
 
booyaka said:
Expect the following from RB

It will all be hushed up -

"a deal has been reached, the terms of which are not going to be released"
"we (RB) don't admit liability or any such thing, but will pay the fine and move on"
"No admission of guilt"
etc etc

Another pathetic cover up by the top teams/FIA incoming.

It's a joke that all this stuff isn't clearly laid out, putting an end to all the speculations/rumours. If RB want all the speculation/snide comments to stop (cause children are getting bullied! :cry: ) - then come out, open up, be clean, take the hit and move on.
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They may try and say all of that in the media but an ABA is only applicable if they admit it, so if as we're told an ABA has been reached, they're ****ing in the wind trying to deny anything happened really.

6.31 In order for the Cost Cap Administration to enter into an ABA, the relevant F1 Team must:
(a) acknowledge that it has breached these Financial Regulations;
(b) accept, observe and satisfy the sanction(s) and/or enhanced monitoring procedures levied;
(c) agree to bear the costs detailed in the ABA, as referred to in Article 6.29(d); and
(d) waive its right to challenge the ABA.

6.32 The Cost Cap Administration will publish a summary of the terms of the ABA, detailing the breach, any sanctions, and any enhanced monitoring procedures, omitting any Confidential Information.
Click to expand...

If the FIA don't follow these basic steps, they may as well throw the financial regs in the bin.
 
mattx4 said:
By


It really needs to be some sort of penalty that will ensure compliance or other teams will just overspend as well.

Also RB saying it was non performance things like garden leave doesn't matter. I remember RB and Merc arguing over an employees garden leave a year or two ago trying to get him out of it early. If a team can afford to keep high skilled staff out of the hands of another team for a year that's a massive benefit.
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While it doesn’t directly aid the performance of the team said employee is leaving, paying someone who could greatly aid their new team’s performance to stay at home for 6 months clearly prevents the new team from improving as well as they could with the new employee working for them.
 
If the penalty is leniant and RB then come out publically pleading innocence, the penalty can rightly be made more severe.

It probably won't, but it should.
 
UTmaniac said:
If the penalty is leniant and RB then come out publically pleading innocence, the penalty can rightly be made more severe.

It probably won't, but it should.
Click to expand...

How are we going to judge if it is lenient or not? Doubt we ever find out how much they actually overspent by and what let to it. For all we know they overspent by only few thousands pounds and it was a genuine mistake. Unless all the facts are made public I don't see much point speculating what the punishment should be, let FIA do their job and hope that they make the right call.
 
From what little information has been published that is a joke. Was never likely to be anything but a joke but they have still surprised me. I'm sure that 1.8m didn't make any difference to a fantastically tight drivers championship...
 
I think the oddest part is this:

The FIA acknowledges that had RBR applied the correct treatment within its Full Year Reporting Documentation of RBR’s Notional Tax Credit within its 2021 submission of a value of £1,431,348, it would have been considered by the Cost Cap Administration to be in compliance with Article 4.1(b) of the Regulations and therefore RBR’s Relevant Costs for the 2021 Reporting Period would have in fact exceeded the 2021 Cost Cap by £432,652 (0.37%).​

So... What? RBR failed to properly enter a tax credit it got, and so it's ended up reporting $1.864m over instead of £432,652 over (do they mean £ or $ there)? Doesn't that mean they were really that smaller figure over? And why do tax credits get included in the budget cap anyway? Does this mean that the Italian government could give Ferrari a €150m tax credit and they could spend it under the budget cap?
 
Seems fair enough - yes the $7m is a joke for companies of this size, but the 10% wind tunnel/CFD time likely will have as much effect on performance going forward as the $1.8m overspend did.


But of course because it's Red Bull, the majority here won't be happy unless it's an immediate and total disqualification from both championships from 2021-2025.
 
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