Ferrari claims 'there is a big question mark right now' on F1's budget cap plans – Sportskeeda

Ferrari team principal Mattia Binotto feels the FIA must ensure that the the budget cap for all F1 teams is monitored and implemented properly.
The FIA put a hard cap of $140 million at the start of the 2022 season, which all teams must operate under in order to keep the competition on an even keel. Following the Russian invasion of Ukraine and the subsequent rise in costs owing to the rising inflation the conflict created, the governing authorities decided to grant an allowance in addition to this amount.
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During the 2022 F1 Austrian GP weekend, the authorities agreed to “permitting indexation at a limited rate of 3.1%, which takes into account the original 3% inflation threshold already set out in the regulations.
Mattia Binotto believes there are a few gray areas in the financial regulations that could be exploited if the FIA does not monitor them properly. In an extensive interview with motorsport.com’s Italian variant, the Ferrari boss said:
The Italian went on to add:
Despite having the fastest car this season, Ferrari will not be able to match Red Bull in the remaining races of the 2022 season, according to Spanish F1 journalist Jesus Balseiro.
Balseiro feels Red Bull have a better overall chance of winning both world championships in 2022 after overcoming their reliability issues. This has allowed Max Verstappen to build a massive lead over Ferrari’s Charles Leclerc.
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Speaking on an episode of the F1 Nation podcast after the 2022 F1 Hungarian GP, where the Dutchman won after starting P10 on the grid, Balseiro said:
The as.com journalist went on to add:
Overhauling the Austrian team seems insurmountable, but it is not impossible for Ferrari just yet. Provided the Scuderia can get their affairs in order by the time the 2022 F1 Belgian GP comes around, they can try and mount a comeback this season but will also need to rely on Red Bull to drop the ball.


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