Formula 1 introduced a $145M budget cap in 2021 (now ~$135M) to reduce spending from $400M+ by top teams like Mercedes and Red Bull, using independent auditors to enforce limits while excluding driver salaries, marketing, and executive pay, which creates structural loopholes that teams exploit through creative accounting, as demonstrated by Red Bull's 2021 breach and penalty.
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June 1, 2026追加:
Formula 1 [music] introduced a budget cap in 2021, initially at $145 [music] million, now around $135 million per team per year.
Before that, Mercedes [music] and Red Bull were spending north of $400 million annually.
The cap is the only hard spending [music] limit in global motorsport, and it's already reshaping the competitive field.
>> [music] >> The mechanism, independent auditors review team accounts against a defined cost base.
>> [music] >> Excluded from the cap are driver salaries, marketing, and top executive pay, which is where creative accounting migrates.
Red Bull was fined for exceeding the 2021 [music] cap by a small margin. The penalty generated controversy well [music] beyond the overage. The cap has narrowed the field. How long that holds is the [music] open question.
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