Fresh reports have emerged around the Cashgate saga in Formula 1, and they suggest that overspending on last year’s budget cap is only thought to be minor, according to a report by Sky Sports. A $145 million spending limit was introduced in 2021, and it covered work on chassis development, transport to races, energy bills in the wind tunnel, and more. Teams were required to make sure their spending over the course of the year did not exceed the regulation amount, and they were also told to document their spending. These documents were to be submitted to the FIA for review, but a procedural breach of the financial regulations was committed by Williams earlier in the year, so they were...
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