Cost Cap :

The cost cap, or budget cap, is the amount of money a team can spend on the car’s performance in one season. Set at $145m in 2022 is reduced by $5m per year for the next two years. An increase is made for inflation, and an additional $1.0 million is allowed for each race over 21 races.

The cap excludes driver fees, top management costs and administration costs like marketing or travel.

The cost cap does not cover engine development or production. This is currently capped at $15m per unit or $90m for the team.

2021 results with minor breaches by two teams

Andrew Burden

The author Kiwi F1 Fan