Ferrari have warned it will be “game over” for F1’s budget cap if the sport fails to pass the first “vital test” of the financial regulations
“It is a very vital test for the cost cap,” Ferrari’s racing director Laurent Mekies said in Singapore.
There is a wide-ranging list of penalties for “minor” breaches including a public reprimand, fines, limitations on aerodynamic testing and a deduction of driver and/or constructor points. “Should we talk about penalties now? Probably not,” said Mekies. “I know it’s probably what the people in the grandstands want to see and we respect that. But in fact we are much earlier in the process than that.“Probably an even more key aspect of it is, is there a breach? Do we agree on the entity of the breach and that, as a result, confirm the rule everybody is obeying?
“Then after, of course, you have that final check that we are talking about now, that we are all waiting for. But in fact, we see very little room for surprises in the way that we have been discussing non-stop in the last two years with them.”“We take it very seriously, because this is a serious amount of lap time,” he explained. “Seven million will be like 70 engineers. Seventy engineers, they will give you a serious amount of lap-time. That's one example.
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