{"id":28797,"date":"2023-07-21T18:55:00","date_gmt":"2023-07-21T17:55:00","guid":{"rendered":"https:\/\/formula1news.co.uk\/?p=28797"},"modified":"2023-07-21T18:55:20","modified_gmt":"2023-07-21T17:55:20","slug":"lewis-hamilton-suggests-mercedes-will-break-budget-cap","status":"publish","type":"post","link":"https:\/\/formula1news.co.uk\/lewis-hamilton-suggests-mercedes-will-break-budget-cap\/","title":{"rendered":"Lewis Hamilton suggests Mercedes will break budget cap"},"content":{"rendered":"\n<p>Ahead of this weekend&#8217;s Hungarian Grand Prix, Lewis Hamilton has questioned the FIA&#8217;s harshness in regard to the budget cap, with the Mercedes driver believing that Red Bull&#8217;s punishment last season wasn&#8217;t &#8220;big&#8221;. <\/p>\n\n\n\n<p>The budget cap was a hot topic on Thursday during media day at the Hungaroring, following rumours that three teams have breached the 2022 cap. <\/p>\n\n\n\n<p>Whilst the FIA have stated that these rumours are &#8220;unfounded&#8221;, it was reported by multiple media outlets. <\/p>\n\n\n\n<p>Red Bull, of course, breached the 2021 budget cap by around \u00a31.8 million, with the Austrians having been fined $7 million and slapped with a 10% reduction of their allotted wind tunnel time for 12 months. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1-1024x683.webp\" alt=\"\" class=\"wp-image-27389\" srcset=\"https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1-1024x683.webp 1024w, https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1-300x200.webp 300w, https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1-768x512.webp 768w, https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1-720x480.webp 720w, https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1-480x320.webp 480w, https:\/\/formula1news.co.uk\/wp-content\/uploads\/2023\/06\/Max-Verstappen-at-2023-Canadian-GP-3.v1.webp 1207w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/formula1news.co.uk\/category\/motorsport-jobs\/\" target=\"_blank\" rel=\"noreferrer noopener\">Want to work in Formula 1? Browse the latest F1 job vacancies<\/a><\/strong><\/p>\n\n\n\n<p>Given how dominant the Milton Keynes-based team have been in 2023, the general consensus is that the Austrians penalty wasn&#8217;t harsh enough. <\/p>\n\n\n\n<p>Red Bull have actually been more superior since their punishment came into effect, leaving Hamilton convinced that the governing body were too lenient. <\/p>\n\n\n\n<p>As a result, the 38-year-old isn&#8217;t surprised by the rumours that three teams have potentially breached last season&#8217;s cap, given that they&#8217;ll only receive a &#8220;slap on the wrist&#8221;.<\/p>\n\n\n\n<p>\u201cI mean, there wasn\u2019t really a big punishment last time, so there\u2019ll be people that\u2019ll probably go for it again and know they\u2019re just going to get slap on the wrist,\u201d Hamilton told Sky Sports.<\/p>\n\n\n\n<p>Little is known about who the guilty teams may be; however, Mercedes and Ferrari have both distanced themselves from the rumours. <\/p>\n\n\n\n<p>F1 CEO and president Stefano Domenicali has called for guilty parties to receive a sporting punishment rather than a financial one; however, it&#8217;s ultimately down to the FIA to determine the penalties. <\/p>\n\n\n\n<p>It&#8217;s set to be announced much sooner than last season whose actually breached the cap, with the FIA having more than doubled their permanent staff to speed up the lengthy process.<\/p>\n\n\n\n<p>\u201cIt\u2019s clear that there is an interest from the stakeholders to have a quick outcome,\u201d said Federico Lodi, the FIA\u2019s financial regulations director for F1 and Formula E, as reported by RaceFans.net.<\/p>\n\n\n\n<p>\u201cWe, as the FIA, understand these requirements, so we have strengthened the department, and now we have 10 full-time employees working on Formula 1 financial regulation. This is a significant increase over last year, when it was just four.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Lewis Hamilton accused of making Red Bull \u2018joke\u2019 <a href=\"https:\/\/t.co\/YxVXEvXUua\">https:\/\/t.co\/YxVXEvXUua<\/a><\/p>&mdash; Formula1News.co.uk (@Formula1newsUK) <a href=\"https:\/\/twitter.com\/Formula1newsUK\/status\/1682090540865560582?ref_src=twsrc%5Etfw\">July 20, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><strong>READ: <a href=\"https:\/\/formula1news.co.uk\/guenther-steiner-provides-nico-hulkenberg-contract-update\/\">Guenther Steiner provides Nico Hulkenberg contract update<\/a><\/strong><\/p>\n\n\n\n<p>\u201cHowever, it is still clear that it\u2019s difficult to commit to a rigid timeline, as there are many variables that need to be taken into account. <\/p>\n\n\n\n<p>&#8220;First, there are the findings themselves \u2013 what we identify and what we need to dig into further. On top of that, we also have to take into account the fact that we do the review with the support of the team, and obviously, the finance department of the team is also busy with running its business; they may also have a reporting commitment to their shareholders for example. <\/p>\n\n\n\n<p>&#8220;So, while we need to work as quickly as possible, for us the most important thing is not to undermine the robustness of the process.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahead of this weekend&#8217;s Hungarian Grand Prix, Lewis Hamilton has questioned the FIA&#8217;s harshness in regard to the budget cap, with the Mercedes driver believing that Red Bull&#8217;s punishment last season wasn&#8217;t &#8220;big&#8221;. The budget cap was a hot topic on Thursday during media day at the Hungaroring, following rumours that three teams have breached the 2022 cap. Whilst the FIA have stated that these rumours are &#8220;unfounded&#8221;, it was reported by multiple media outlets. Red Bull, of course, breached the 2021 budget cap by around \u00a31.8 million, with the Austrians having been fined $7 million and slapped with a<\/p>\n","protected":false},"author":18,"featured_media":27414,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,26,24],"tags":[45,29,30],"class_list":["post-28797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-latest-news","category-regulations","tag-fia","tag-lewis-hamilton","tag-mercedes-f1"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lewis Hamilton suggests Mercedes will break budget cap<\/title>\n<meta name=\"description\" content=\"The FIA have stated that rumours regarding potential 2022 cost cap breaches are &quot;unfounded&quot;.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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