Formula 1: Ross Brawn admits budget ceiling increase

As we mentioned earlier, seven of the 10 teams agree on an increase in the budget limit this year, to control transport expenditure due to the increase in the inflation rate. According to the regulation, an extra amount will be available in the 2023 budget, if the inflation rate is above 3% next September.
The justification of 7 of the 10 paddock teams is that they must be compensated in this year’s budget, or some teams will exceed the budget ceiling because most of the development and production costs have already been budgeted and the freight expense has increased in recent months.
Alfa Romeo, Haas and Alpine are the teams that are against the increase in the budget ceiling and it should be necessary to negotiate some change seen as necessary to the 2022 financial regulation, but Ross Brawn, director of Formula 1, acknowledged at Imola that this will be an issue. to be addressed at the FIA ​​F1 Commission meeting in London tomorrow.
“I think the rise in inflation needs to be reviewed,” Brawn said, quoted by Motorsport.com. “Because when the rules were drafted, inflation was relatively low and predictable, and now it’s high and unpredictable. And if you look at the inflation rates that apply to the industry, as an F1 team we use energy, raw materials and all of that is proving to be quite expensive right now. So I think there is a solution to that.”
After an unsuccessful first round of negotiations led by Stefano Domenicali, it will be necessary to convince the dissenting teams of the need to change the rules. Through the statements of Frédéric Vasseur, we come to the conclusion that it will still be difficult for this to happen this week. “You can’t change the rules every weekend because a team wants to spend more on development”, said the head of Alfa Romeo.