F1 promises solutions for budget cap inflation squeeze. F1 on solutions for budget cap inflation.

Formula 1 managing director Ross Brawn confirmed that a solution will be found for the sport’s budget cap issue due to the inflation.

The annual cap on what F1 team’s can spend fell from $145m in 2021 to $140m in the current championship. But the increasing costs of many components which that fall under the budget cap regulations have made it even harder than predicted for the bigger teams to stay under it without having its car development affected.

Ferrari, Red Bull and Mercedes have been lobbying hard for an increase in the cap, or at least other form of adjustment, despite the fact that some have indicated they do not want the rules to be changed in the 2022 Formula One campaign.

Ross Brawn admitted that the situation will have to be discussed, and it will be among the matters evaluated at Tuesday’s meeting of the F1 Commission in London.

“I think the inflationary increase needs to be reviewed,” he said. “Because when these rules were developed, inflation was relatively low and predictable, and now it’s high and unpredictable. And if you look at the inflation rates that apply to industrial enterprises, like an F1 team, you’ve got power, you’ve got raw materials, you got all the things which are proving to be quite expensive at the moment. So I think there’s a solution coming on that.”

Alfa Romeo Team Principal Fred Vasseur added that any modifications on how inflation is dealt with should have to wait for the next season:

“You can’t change the regulations every single weekend because one team wants to spend more on development,” he told Motorsport.com.

“Or because they are overweight, or because that they want to have an extra allowance for this, or for this, or for this. There is a rule, the most important thing is to stick to the rule. If the concept of inflation and the calculation of the inflation is not the best one, we can think about it for the future. Why not? But we have something in place, and everybody agreed when we signed the deal. Now we have to follow the rules.” – the Alfa Romeo boss concluded.