2021 Cost Cap Rumours and Speculation

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Alexf1
Alexf1
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Joined: 28 Jun 2018, 18:52

Re: 2021 Cost Cap Rumours and Speculation

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Great, just arrived at work. But hold on one minute and let me grab a sandwich from catering first. They're free so why not also do breakfast here, always makes me feel 10% more efficient. Hmmm, wondering if catering cost should be cap included or not.. :D

Singabule
Singabule
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Joined: 17 Mar 2017, 07:47

Re: 2021 Cost Cap Rumours and Speculation

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What is the direct benefit in term of hoarding old sparepart as significant amount derived from there,according to Horner.

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bluechris
9
Joined: 26 Jun 2019, 20:28
Location: Athens

Re: 2021 Cost Cap Rumours and Speculation

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In Greek sport sites they say now that RB accepted FIA proposal. Is this real?

DChemTech
DChemTech
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Joined: 25 Mar 2019, 11:31
Location: Delft, NL

Re: 2021 Cost Cap Rumours and Speculation

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bluechris wrote:
28 Oct 2022, 08:17
In Greek sport sites they say now that RB accepted FIA proposal. Is this real?
Some dutch news sites do the same, but they also announced de vries joining AT weeks before it happened. No official statements yet as far as I know; there is said to be a press conference at 18.30 CET

morefirejules08
morefirejules08
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Joined: 11 Feb 2012, 14:21

Re: 2021 Cost Cap Rumours and Speculation

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Singabule wrote:
28 Oct 2022, 07:35
What is the direct benefit in term of hoarding old sparepart as significant amount derived from there,according to Horner.
Hoarding spare parts is fine as they can be used on show cars and RB does a good amount of shows and events. The problem comes when you say you’ve hoarded those parts for the legacy cars but in fact you have used them to build a new car. I’m not saying this is what RB have done just what the rumours mean

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Wouter
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Joined: 16 Dec 2017, 13:02

Re: 2021 Cost Cap Rumours and Speculation

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“It's a bit frustrating,” he admits [Max], “because we don't feel we're wrong.
There are things counted in the cap that are unexpected.
We have to deal with it, but it's not for me to say what's right."

What I thought. They have duly followed the rules, have not deliberately cheated,
which they were accused of by the majority.
The Power of Dreams!

morefirejules08
morefirejules08
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Joined: 11 Feb 2012, 14:21

Re: 2021 Cost Cap Rumours and Speculation

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Wouter wrote:
28 Oct 2022, 09:27
“It's a bit frustrating,” he admits [Max], “because we don't feel we're wrong.
There are things counted in the cap that are unexpected.
We have to deal with it, but it's not for me to say what's right."

What I thought. They have duly followed the rules, have not deliberately cheated,
which they were accused of by the majority.
What else was max going to say? Would you expect him or any other team member to openly admit cheating even if they had deliberately cheated?

Aesop
Aesop
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Joined: 08 Jul 2019, 19:30

Re: 2021 Cost Cap Rumours and Speculation

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morefirejules08 wrote:
28 Oct 2022, 08:49
Singabule wrote:
28 Oct 2022, 07:35
What is the direct benefit in term of hoarding old sparepart as significant amount derived from there,according to Horner.
Hoarding spare parts is fine as they can be used on show cars and RB does a good amount of shows and events. The problem comes when you say you’ve hoarded those parts for the legacy cars but in fact you have used them to build a new car. I’m not saying this is what RB have done just what the rumours mean
Didn't FIA altered the sparepart hoarding part afterwards?

Tvetovnato
Tvetovnato
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Joined: 12 Mar 2021, 16:03

Re: 2021 Cost Cap Rumours and Speculation

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Wouter wrote:
28 Oct 2022, 09:27
“It's a bit frustrating,” he admits [Max], “because we don't feel we're wrong.
There are things counted in the cap that are unexpected.
We have to deal with it, but it's not for me to say what's right."

What I thought. They have duly followed the rules, have not deliberately cheated,
which they were accused of by the majority.
Deliberate or not, those things were not unexpected for 9 other teams. That’s why others are very upset. Brown said they had a whole year to clarify what’s in the cap and not. The consequence if RB would have done as everyone else, they would have had less money to spend on everything else, including development. And it is terrible for the sake of sporting fairness.

Mosin123
Mosin123
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Joined: 11 Oct 2022, 17:03

Re: 2021 Cost Cap Rumours and Speculation

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Aesop wrote:
28 Oct 2022, 10:11
morefirejules08 wrote:
28 Oct 2022, 08:49
Singabule wrote:
28 Oct 2022, 07:35
What is the direct benefit in term of hoarding old sparepart as significant amount derived from there,according to Horner.
Hoarding spare parts is fine as they can be used on show cars and RB does a good amount of shows and events. The problem comes when you say you’ve hoarded those parts for the legacy cars but in fact you have used them to build a new car. I’m not saying this is what RB have done just what the rumours mean
Didn't FIA altered the sparepart hoarding part afterwards?
Kind of, every thing still needed to be approved by the FIA before the change, so it makes no difference.

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mcjamweasel
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Joined: 18 Mar 2010, 15:23

Re: 2021 Cost Cap Rumours and Speculation

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As the catering talk has come up again, it feels like a good time to post this:



A crappy meme it may be, but it gets the point across. You can't say that as the accounting error was related to catering that only catering was affected by the overspend. However much they spent on nibbles would have had to come from other areas of the budget. The cap isn't split into categories.

littlebigcat
littlebigcat
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Joined: 06 May 2017, 19:47

Re: 2021 Cost Cap Rumours and Speculation

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Aesop wrote: Didn't FIA altered the sparepart hoarding part afterwards?
The rule change only applies to 2022 cost cap and onwards. If you selectively read the regulations then it’s “altered the rules” if you read the whole document it becomes apparent that the change doesn’t apply to 2021.

What I’ve found frustrating is that every rumour and the subsequent reporting of the rumour only seems to discredit the process. The includes the original leak.

There is clearly motive for the leaks and the sources don’t always seem to be “the FIA”

MadMax
MadMax
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Joined: 22 Oct 2022, 03:23

Re: 2021 Cost Cap Rumours and Speculation

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littlebigcat wrote:
28 Oct 2022, 11:09


There is clearly motive for the leaks and the sources don’t always seem to be “the FIA”
There are suggestions that the leaks came from ex-employees. Nothing more dangerous than a pissed-off former worker going to your competitors and showing them where the bodies are buried.

GrizzleBoy
GrizzleBoy
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Joined: 05 Mar 2012, 04:06

Re: 2021 Cost Cap Rumours and Speculation

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mcjamweasel wrote:
28 Oct 2022, 10:56
As the catering talk has come up again, it feels like a good time to post this:



A crappy meme it may be, but it gets the point across. You can't say that as the accounting error was related to catering that only catering was affected by the overspend. However much they spent on nibbles would have had to come from other areas of the budget. The cap isn't split into categories.
Love this picture.

We had probably embarrassing amount of pages of people her (and all over the Internet to be honest), genuinely trying to argue that it's possible to allocate "where" an overspend happened, like that was a thing.

mafeotul
mafeotul
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Joined: 05 Mar 2020, 10:30

Re: 2021 Cost Cap Rumours and Speculation

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I come here mostly to learn technical information about Formula 1, and I believe the forum has some really brilliant minds and it baffles me to see some people's mental gymnastics in relation to this narrative that the so called "catering" or "legacy" budget has nothing to do with performance.

Accounting is very fine, but the point is, I can say and make it look like I spent 1.5 million on burgers and fajitas. But the reality is the overspent in one direction covers spend in another. The budget is X. Performance is directly involved in X. How you play with that does not change the reality of the fact that they broke the agreed upon rules then blatantly and publicly denied it based on technicalities which, after cross examining with the other 9 teams and the way they ran their budget seemed literally clownish.

Moreover, in this eco-system of 10 teams, it clearly is visible just how far they are, and above all else, 9 other teams have kept under, nullifying the pathetic and childish argument "it's the first year".

The FIA has no spine, and we know that, nothing satisfactory will come out of this for the rest of the Grid. So hoping for some miraculous outcome is not going to leave any of us with satisfaction. Let's not forget the ink of the agreement with Ferrari after the Saturn V engine fiasco hasn't even dried yet.