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F1 2022

Aston Martin reacts to budget cap allegations

The team is among those who are speculated to have broken the cost cap during the 2021 season.

Vettel Singapore wet
Article
To news overview © RN365/Michael Potts

Aston Martin Team Principal Mike Krack has reacted to the ongoing speculation over whether they are among those who might have breached the Formula 1 cost cap rules in 2021.

The team was named alongside Red Bull as potentially being over the $145 million USD cap imposed from last season in reports from German and Italian media, however Krack says he is "surprised" they were named and believes they haven't done anything wrong.

"We were surprised to see our name in it," Krack said to the media, including RacingNews365. "We don't think we've done anything big wrong. It's annoying.

"And from our point of view, it was good that we weren't the only ones mentioned, so you [media] could focus on the other side of the paddock. It's a shame these things come out like this, but that's Formula 1."

Krack: Must wait until FIA process is complete

Krack believes that the FIA's process in auditing teams must run its course before any team makes public accusations about another's financial affairs.

"It's a process where you hand in your report, then the FIA ​​analyzes it, after which they come back with questions. And this process is still ongoing," Krack explained.

"So we don't really know what the outcome will be. There is a discussion going on. We have questions about the interpretation and they have questions about the interpretation."

When asked if there was any administrative error made, Krack explained: "I'm not aware of that, I don't think so. As I will say, there were some questions that our finance people had to answer.

"We just have to wait and see what the outcome will be. But we don't worry about it."

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