2021 Cost Cap Rumours and Speculation

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hollus
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Re: 2021 Cost Cap Rumours and Speculation

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hollus wrote:
29 Oct 2022, 00:51
Cut the personal stuff. Thanks. Intentional spam and intentional adding fuel to fires are off limits too.
Keep it civil, that’s all.
Rivals, not enemies.

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dans79
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Re: 2021 Cost Cap Rumours and Speculation

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It looks like Horner is already laying the groundwork for netx years spin.

https://www.crash.net/f1/news/1015782/1 ... 5s-f1-2023
“I’ve heard people reporting that it is an insignificant amount, let me tell you know that is an enormous amount. That represents anywhere between 0.25secs and 0.5secs of lap time.

“By winning the constructors' championship, obviously we become victims of our own success by having a 5% incremental handicap compared to the second and third places.

“We will have 15% less wind tunnel time than the second-placed team in the constructors’ championship and 20% less than the third team - a draconian amount.

“That 10% will have impact on our ability to perform on track next year.”
I can see it now, if they don't perform well next year, it will because the FIA punished them to severely. If they win it will be because they are the best team ever with the best driver ever!
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langedweil
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Re: 2021 Cost Cap Rumours and Speculation

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Vanja #66 wrote:
28 Oct 2022, 21:35
Oh I love this argument :lol:
...
Ferrari did something wrong (that took FIA a good while to figure out) with engine in 2019 and were penalized for 2.5 years in effect.
Ehm, no punishment was ever public ?
They were punished by the fact that their fuelflow trick was stopped. Something that lead to a PU with a lot less grunt, and by which that same PU was no longer able to fight the overall drag of the car & aero platform.
They basically punished themselves ..
Last edited by langedweil on 29 Oct 2022, 03:36, edited 1 time in total.
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101FlyingDutchman
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Re: 2021 Cost Cap Rumours and Speculation

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Im not a fan of the 400k overspend and feel the punishment is roughly fitting of the crime here. (This is coming from supporting another team/driver). I’ll definitely won’t contribute to this thread again as it brings out the worst of partisan crowds.

Clearly this situation isn’t good for anyone involved. Would have liked to have seen a smaller fine that actually comes out of the budget together with a reduction in wind tunnel time but that’s not what’s been decided. Shame

yamahasho
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Re: 2021 Cost Cap Rumours and Speculation

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"We had a difference of opinion on sick pay; we have always taken a view that we wanted to support our staff in sickness and in health, and, when members of staff have been on long-term [leave] we supported them, as we will continue to do in the future. We felt that sick [pay], the role paid no function in the Grand Prix team in the period of eight months, [so it] was an excludable cost. Unfortunately, the regulations can be interpreted in two ways: had the person died, which thankfully they didn’t, the cost would have been excludable. Thankfully they didn’t die; therefore the cost was includable for that period.”

Crazy statement, I’m still on the side that Christian Horner, Newey and Verstappen are cheaters, so the role played no role on the Grand Prix team, hmmm really, so Red Bull gets to decide what is an excludable role or what isn’t. This gets more and more interesting.
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yamahasho
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Re: 2021 Cost Cap Rumours and Speculation

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dans79 wrote:
29 Oct 2022, 02:58
It looks like Horner is already laying the groundwork for netx years spin.

https://www.crash.net/f1/news/1015782/1 ... 5s-f1-2023
“I’ve heard people reporting that it is an insignificant amount, let me tell you know that is an enormous amount. That represents anywhere between 0.25secs and 0.5secs of lap time.

“By winning the constructors' championship, obviously we become victims of our own success by having a 5% incremental handicap compared to the second and third places.

“We will have 15% less wind tunnel time than the second-placed team in the constructors’ championship and 20% less than the third team - a draconian amount.

“That 10% will have impact on our ability to perform on track next year.”
I can see it now, if they don't perform well next year, it will because the FIA punished them to severely. If they win it will be because they are the best team ever with the best driver ever!
Red Bull will win 2023 to 2025 because they had an extra 2 million in research and development has benefits in the subsequent years, FIA should have reduced their budget as well, instead they will spend less on wind tunnel but use that money elsewhere. It’s a win for Red Bull. And it’s never the driver, it’s always the car.
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diffuser
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Re: 2021 Cost Cap Rumours and Speculation

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101FlyingDutchman wrote:
29 Oct 2022, 03:26
Im not a fan of the 400k overspend and feel the punishment is roughly fitting of the crime here. (This is coming from supporting another team/driver). I’ll definitely won’t contribute to this thread again as it brings out the worst of partisan crowds.

Clearly this situation isn’t good for anyone involved. Would have liked to have seen a smaller fine that actually comes out of the budget together with a reduction in wind tunnel time but that’s not what’s been decided. Shame
Yep and them not try to spin it. Oh and it's closer to $3.5 million. There is no guarantee of them getting that tax rebate or the size. That web site says if, can and maybe everywhere.

mendis
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Re: 2021 Cost Cap Rumours and Speculation

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yamahasho wrote:
29 Oct 2022, 03:57
dans79 wrote:
29 Oct 2022, 02:58
It looks like Horner is already laying the groundwork for netx years spin.

https://www.crash.net/f1/news/1015782/1 ... 5s-f1-2023
“I’ve heard people reporting that it is an insignificant amount, let me tell you know that is an enormous amount. That represents anywhere between 0.25secs and 0.5secs of lap time.

“By winning the constructors' championship, obviously we become victims of our own success by having a 5% incremental handicap compared to the second and third places.

“We will have 15% less wind tunnel time than the second-placed team in the constructors’ championship and 20% less than the third team - a draconian amount.

“That 10% will have impact on our ability to perform on track next year.”
I can see it now, if they don't perform well next year, it will because the FIA punished them to severely. If they win it will be because they are the best team ever with the best driver ever!
Red Bull will win 2023 to 2025 because they had an extra 2 million in research and development has benefits in the subsequent years, FIA should have reduced their budget as well, instead they will spend less on wind tunnel but use that money elsewhere. It’s a win for Red Bull. And it’s never the driver, it’s always the car.
Infact, they will have atleast 2.5 million more than Mercedes and around 4 million more than Ferrari this year! Savings in car damages.

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Donuts
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Re: 2021 Cost Cap Rumours and Speculation

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Discrase! Sportsmanship is about fair play. If you cheat you lose your medals and get suspended.

One million overspent should be equal to 0.1 seconds (or similar) deduction from every race lap from year of breach to next major regulation change. Retro actively, re-calculated position in championships will then give automatically the difference in prize money gained by cheating which should be paid back. Then the team which cheated, not FIA, should pay all teams that would have ended in front, based on the amount of prize money they were robbed of (by the team which cheated). That will make anyone think twice about cheating.
Last edited by Donuts on 29 Oct 2022, 07:43, edited 1 time in total.
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johnny comelately
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Re: 2021 Cost Cap Rumours and Speculation

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Subject: At arms length real time audit
Disclaimer: written in the middle of the night weeks ago so...

Creation: Consultants (as mentioned before, eg, Delloittes/McKinseys) + Teams (to a point) + FIA and probably exclude Liberty because of bias effect but allow input.
Their payment has a performance bond and a flaw bond.
Transparent to a point so as not to alert the teams to detail of discovery.

Auditors: Real time forensic
Real time data through filter
Failure would cost the auditor a penalty

Second Auditor: Post/ trailing by 1 race

Penalty: a la USA, has multiplier and either pays for auditors or distributed to other teams

Whistleblower incentive.

LM10
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Re: 2021 Cost Cap Rumours and Speculation

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dans79 wrote:
29 Oct 2022, 02:58
It looks like Horner is already laying the groundwork for netx years spin.
Seems so.

I keep asking myself how cheaters manage to be pleased with their achievements, knowing their cheating significantly contributed to those achievements. I simply can’t understand how they can go out there with an unfair advantage and then be 100% proud and happy about their win, saying they’ve done a good job. It’s really sad.

And it’s not even a grey zone. It’s not to be compared with clever tricks from clever engineers finding grey zones in the regulations (which simply is their job) while building and developing the car.
It’s cheating and pretending there is room for a different interpretation while there isn’t.

littlebigcat
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Re: 2021 Cost Cap Rumours and Speculation

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LM10 wrote:
29 Oct 2022, 08:04

I keep asking myself how cheaters manage to be pleased with their achievements, knowing their cheating significantly contributed to those achievements. I simply can’t understand how they can go out there with an unfair advantage and then be 100% proud and happy about their win, saying they’ve done a good job. It’s really sad.
They often tell themselves that everyone else is doing it, so if they cheat they are "just levelling the playing field"

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Wouter
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Re: 2021 Cost Cap Rumours and Speculation

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101FlyingDutchman wrote:
29 Oct 2022, 03:26
I’ll definitely won’t contribute to this thread again as it brings out the worst of partisan crowds.
.
I agree. I won't do that anymore too. The only things I read here are that RBR are cheaters, Horner is a liar and the FIA are liars. :roll:

https://www.fia.com/news/accepted-breac ... ormula-one
.
These new Financial Regulations are a very complex set of rules that competitors were required to adapt to for the first time.

Red Bull Racing was found to be in breach, however, the Cost Cap Administration recognised that Red Bull Racing has acted cooperatively throughout the review process and has sought to provide additional information and evidence when requested in a timely manner, that this is the first year of the full application of the Financial Regulations and that

there is no accusation or evidence that RBR has sought at any time to act in bad faith, dishonestly or in fraudulent manner, nor has it wilfully concealed any information from the Cost Cap Administration.

In these circumstances, the Cost Cap Administration offered to RBR an ABA to resolve this matter. That offer was accepted by RBR.
.
https://www.fia.com/sites/default/files ... 6.32_1.pdf
.
The FIA acknowledges that had RBR applied the correct treatment within its Full Year Reporting
Documentation of RBR’s Notional Tax Credit within its 2021 submission of a value of £1,431,348,
it would have been considered by the Cost Cap Administration to be in compliance with Article 4.1(b) of the
Regulations and therefore RBR’s Relevant Costs for the 2021 Reporting Period

would have in fact exceeded the 2021 Cost Cap by £432,652 (0.37%).
.
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mendis
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Re: 2021 Cost Cap Rumours and Speculation

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Wouter wrote:
29 Oct 2022, 09:18
101FlyingDutchman wrote:
29 Oct 2022, 03:26
I’ll definitely won’t contribute to this thread again as it brings out the worst of partisan crowds.
.
I agree. I won't do that anymore too. The only things I read here are that RBR are cheaters, Horner is a liar and the FIA are liars. :roll:
It was clear from the day 1 that this thread would end up a place for venting out frustration and anger towards a team that's not your favourite and there is a good reason for that. You have a choice to ignore and stay away, like so many other users here who haven't bothered setting foot here. I questioned this thread periodically as to why it was open, when there wasn't any development. It's opened now that the matter has been concluded.

Once again the question is, what's it open for? Verdict is out, guilty is punished and everyone who wanted to express an opinion has done so. Like I mentioned, the only reason why this would be open is for people to continue repeatedly venting out. The longer it's open, the more meaningless it would become.

GrizzleBoy
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Re: 2021 Cost Cap Rumours and Speculation

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I think all the people who are interested in this topic at the moment and interested in contributing to it in a manner that consists of more than generally:

"People are saying far too many things that I personally don't like in this thread. Why is it even open anyway? Shouldn't a mod close it now?" ,

or any combination of such, would be more than okay if you guys just went and did something else while the rest of us talk about it?

Nobody is forcing any of you to ever open or read this thread ever again. Just find another thread where people are saying things you agree/disagree with on a level you can easier tolerate. Nobody will mind.
yamahasho wrote:
29 Oct 2022, 03:28
"We had a difference of opinion on sick pay; we have always taken a view that we wanted to support our staff in sickness and in health, and, when members of staff have been on long-term [leave] we supported them, as we will continue to do in the future. We felt that sick [pay], the role paid no function in the Grand Prix team in the period of eight months, [so it] was an excludable cost. Unfortunately, the regulations can be interpreted in two ways: had the person died, which thankfully they didn’t, the cost would have been excludable. Thankfully they didn’t die; therefore the cost was includable for that period.”

Crazy statement, I’m still on the side that Christian Horner, Newey and Verstappen are cheaters, so the role played no role on the Grand Prix team, hmmm really, so Red Bull gets to decide what is an excludable role or what isn’t. This gets more and more interesting.
Its a lot of words he said, but at the end of the day I suppose it comes to something very simple.

They are a staff member. Did you pay them money or not? If yes, then there was a cost to paying them.

Its like working for a company split into sections where the highest profiting section for the year receives a bonus, and the manager for one section taking the cost of every one of their employees paid holiday days out of the costs for the year (because they were not contributing to the companys performance while on holiday as Horner would argue) and then claiming they had the biggest margin and therefore deserve the bonus.

The managers of the other sections and the CEO are obviously going to turn around and tell you to stick your submission where the sun doesn't normally reach (unless you know you just tried to get away with murder and now have your head in the sand).
Last edited by GrizzleBoy on 29 Oct 2022, 10:23, edited 1 time in total.