F1 introduced entirely new financial regulations for the 2021 season to enforce a new budget cap of $ 145 million per year for each team.
Financial regulations allow F1 lawmakers to punish teams for violations with fines, minor sports penalties, physical sports fines, or increased surveillance.
Mercedes team boss Toto Wolff said on Saturday that three teams – later called Ferrari, Red Bull and AlphaTauri – had voted against sports fines for violating the financial ceiling.
However, Binotto said Sunday he was not sure what Wolff was referring to, claiming there was no formal vote on the matter at the F1 commission meeting.
He said this was because discussions in a financial advisory committee before the F1 commission showed that there was “no unanimity on these sports penalties” for procedural violations of the financial regulations.
This prompted the three teams to indicate during the F1 commission meeting that they wanted more clarity before they could formally vote in favor of imposing sports penalties for such violations.
“The text or wording presented to the F1 Commission did not include sporting matters,” said Binotto.
Esteban Ocon, Alpine A521, Carlos Sainz Jr., Ferrari SF21, Charles Leclerc, Ferrari SF21, Pierre Gasly, AlphaTauri AT02, Sebastian Vettel, Aston Martin AMR21, Antonio Giovinazzi, Alfa Romeo Racing C41 and George Russell, Williams FW43B
Photo by: Steven Tee / Motorsport Images
“But the point was discussed in the F1 commission, even if there was no vote [on].
“It has been discussed and some teams, including Ferrari, suggest that we think we should clear a few deadlines first to make sure everything is clear and we can apply for sports fines in addition to the fines. ” for procedural violations. “
Binotto said he hoped that there would be clarity “very soon” as to what a formal vote could take place, stressing that Ferrari is not against Mercedes on the matter.
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“As soon as this clarifies, we can do an e-vote shortly afterwards and make sure we include the sports penalties,” said Binotto.
“I think that in terms of athleticism [penalties], in principle, all teams agreed. Some of us want to clear up a couple of deadlines first.
“We just have to work with the FIA, [get] a few clarifications first, but I don’t think we are in opposite positions on intent. “
Talks between the teams and the FIA on the intricacies of the financial regulations are set to continue in the coming weeks.
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