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Red Bull Racing

Jordan slams F1 budget cap: It's a farce!

With Red Bull having started 2023 in imperious form despite a punishment for having breached F1's budget cap, Eddie Jordan says the rules on overspending are not fit for purpose.

Former F1 team boss Eddie Jordan has slammed the sport's current cost cap as a "farce".

It was revealed last year that Red Bull were the only squad to have gone over the $145 million limit imposed on each F1 team in 2021.

As punishment, it was announced in October that Red Bull would be required to pay a $7 million fine and forfeit 10 percent of their aerodynamic development allowance.

Despite their sanction, the team have begun 2023 in imperious form, winning all three races of the season so far with an RB19 that appears to be the class of the field.

Ferrari team boss Fred Vasseur previously said he thought Red Bull's punishment was too light, and Jordan noted that the current cost cap regulations were not having the desired effect.

"I think the cost cap is a farce," Jordan told London Luxury Afloat.

"Nowadays, if you give somebody a rule, they will get around it. If you push a set of rules in front of a person, they are there to be circumvented.

"I don't understand the cost cap because I think it is virtually impossible to police, so I can't answer to whether it was unfair on Red Bull other than the fact that it didn't have the desired effect because now look at what they've done."

Jordan downbeat on title fight hopes

Red Bull's dominant start to the season has been met with long faces elsewhere in the paddock, with key figures suggesting that the drinks-backed squad could win every race of 2023.

Jordan suggested that the strength of Red Bull's early-season form meant the 2023 season was a foregone conclusion.

"I think it is such a big ask to see how anyone is going to compete with Red Bull," said Jordan.

"I would like to say it's too early, but in my heart, I think it's done. I just can't see anyone with the strength, knowledge, speed, and capacity of Red Bull, and especially the drivers.

"The challenge is daunting."

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