cost cap rule explained amid huge row that almost saw Lewis Hamilton crowned 2021 champ instead of Max Verstappen

FORMULA ONE recently concluded one of the biggest rows in years which almost saw Lewis Hamilton crowned as 2021 F1 world champion instead of Max Verstappen. On Wednesday, October 5, the sport’s governing body [FIA] published their investigation into teams’ spending during last season. The FIA have outlined strict penalties for breaking the rules, including disqualifying teams and drivers from last year’s championship. The F1 cost cap rule is the amount a racing team can spend on its cars over the course of a given calendar year. This limit was then reduced to help out those teams and the plan was for this to continue in the 2022 and 2023 seasons. While the list of penalties include points deductions for teams and drivers, there is a growing feeling it will be a financial penalty.

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