2021 Cost Cap Rumours and Speculation

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Means we might get the press conference from RB today about cost cap

[dans79]

At the factory employee's eat for free.

https://www.telegraaf.nl/sport/99648173 ... -in-gevaar

Mistakes were made with regard to other matters, such as catering and absenteeism due to illness. That sounds like small beer, but at Red Bull's factory in Milton Keynes, more than 1,000 employees get a free lunch every day. Some employees are not covered by the budget cap, others are.

and most of that would probably fall under this exemption.

from the exclusions section.
3.1 t

All costs Directly Attributable to entertainment provided for the benefit of all
employees of all Reporting Group Entities on a substantially equal basis, subject to a
maximum amount of US Dollars 1,000,000, adjusted (if applicable) for Indexation;

Thus i would assume the £5 if for people at the track, and as I said that's a slap in the face imo!

[Wouter]

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Means we might get the press conference from RB today about cost cap
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It's happening now anyway. Christian Horner now in the office of Mohammed Ben Sulayem. #F1

And after about fifteen minutes they come out together, Horner and Ben Sulayem. #F1

Talk is now underway at Red Bull motorhome. Shaila-Ann Rao is also present on behalf of the FIA.

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Conversation now over. All in all, it lasted less than half an hour

To me it feels like an ABA is likely

[Wouter]

Conversation now over. All in all, it lasted less than half an hour

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All in all, it lasted less than half an hour.

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What is clear is that a deal between the FIA and Red Bull is definitely not yet done. To be continued possibly later today. President has said he will 'come back' in few hours.

[AMG.Tzan]

Can't really understand why they're trying to say they spent the extra 1.8 million on catering costs! Whatever it was they spent it on it means they had 1.8 milllion more to spent on development since they didn't include these "catering costs" in their budget cap to begin with!

We can't call this a small breach...

[chrisc90]

I imagine if the president is 'coming back' to Horner then there might actually be some foundation behind the claims of RB.

When did Dan Fallows get moved over onto the Valkyrie Project? I know it was 25th June 2021 that he announced he had signed for AM, so I imagine RB would have moved him over pretty sharply. I wonder if the FIA are looking at his wage on the Valkyrie Project as being included in the 2021 cap, potentially under gardening leave.

[codetower]

Daily?? for 3 meals? $45 I can understand, but £5 is ridiculous.

If this is true, then we know where the issue comes in. RB low balled the catering/canteen figure to come in under budget, FIA called BS on it.

That depends on the refractory. I had £5 daily 'chitty' which would cover a start, main a desert and a bar to take out and as much tea or coffee as you want all day.
Most company facilities are subsidised by the company and the actual cost is not reflected.

Edit, it included 'light' breakfast 'help-your-self'

Yeah, £5 daily is pretty 'chitty' if you ask me...

(sorry, I just had to)

[mwillems]

I just listened to an interview on Sky Sports. It talks about how the numbers around the Cafeteria, Redundancy pay and the Sick pay may put a different perspective on this for Red Bull, inferring it makes it look like it is a bit harsh. But I don't get that because didn't everyone have the same costs and accounting? Naturally if you feel you have a bit more to spend in a championship going to the wire, that extra to spend will go to in season and next season car performance...? The reality is they didn't have that money to spend and benefitted from it, irrespective of whether they intended to or not.

Because not everyone has the same cost related to different expenses. RB is know for their expenditure for entertainment, caterings, events... And not everyone treats their staff the same way. This episodes is so farcical that it will be soon forgotten faster than it occurred. But BSer will always BS.

What is it about the RB catering that makes it so expensive and that they can't cut back?

That just sounds really odd but I may be misunderstanding your point?

[mwillems]

I just listened to an interview on Sky Sports. It talks about how the ....

I don't consider this a good source, but it tries to break it down some....

Yeah I read that earlier, I also saw a thread on another site that also mentioned that the FIA may have "clarified" the rules after the closing date for the teams submissions, in relation to the way unused parts are costed.

So I'm not totally sure what is happening. Other reports suggest that RB and the FIA are not too friendly today.

Plenty happening behind the scenes. But in terms of the overspend, we'll I do expect RB to be on top of their numbers. There is not much there that I can see that they should not have been aware of and they always had the chance to seek clarification from the FIA.

I'm open to the idea that RB have not benefitted but no one seems to be able to out together decent example of why, it's largely just emotive fan bias saying the world is out for RB.

[chrisc90]

I seriously can’t see what benefit, clarification, whole point of introducing a rule after submissions were made is going to achieve.

[mwillems]

I imagine if the president is 'coming back' to Horner then there might actually be some foundation behind the claims of RB.

When did Dan Fallows get moved over onto the Valkyrie Project? I know it was 25th June 2021 that he announced he had signed for AM, so I imagine RB would have moved him over pretty sharply. I wonder if the FIA are looking at his wage on the Valkyrie Project as being included in the 2021 cap, potentially under gardening leave.

Possibly. If your discussing something this serious you'll give a team their voice and some time to think about it before you "come back". But that doesn't mean you are or are not swayed. It can be a gesture so as not to seem blunt, it could be that he cannot act unilaterally and needs to discuss with other individuals... who knows.

[mwillems]

I seriously can’t see what benefit, clarification, whole point of introducing a rule after submissions were made is going to achieve.

Did that actually happen? I haven’t had chance to check.

Pretty daft if the FIA did that.

[langedweil]

Twitter is a goldmine ..