Cashgate: Aston Martin deny ‘big wrong’ but admit differing ‘interpretation’

Mike Krack was "surprised" to see Aston Martin mentioned in last week's report which suggested they broke the budget cap.

All of the conversation in the last few days has been around Red Bull’s alleged breach of the budget cap, but we have not heard from Aston Martin since last week.

A report from Auto Motor und Sport indicated that Aston Martin, along with Red Bull, had overspent on last season’s budget cap.

The spending limit was set at $145 million, and was then lowered by $5 million for the 2022 season.

Amid concerns about the alarming rate of inflation though, this was reverted to the original figure.

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All of the teams were asked to submit documentation to verify their spending, and that would help the FIA determine whether there had been any omissions or alterations.

Williams were found to be in procedural breach earlier this year when they submitted their paperwork after the deadline, so they were given a fine.

The report last week suggested that Red Bull might have exceeded the limit by as much as $10 million, but they have refuted this.

Team principal, Christian Horner, is also thought to be considering legal action against those who have accused his team of spending over five percent more than the regulation amount, which constitutes a material breach.

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For Aston Martin’s part, they are rumoured to have spent less than five percent, but we will not know anything about that until Monday, as the FIA have pushed back their final verdict.

Either way, the British team are confused as to why they were implicated in the report.

“We were surprised to see our name in it, we don’t think we’ve done anything big wrong. It’s annoying,” team principal, Mike Krack, told

“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.”

The German confirmed that the governing body is still going over the documentation, so there cannot yet be a revelation that anyone has overspent.

“It’s a process where you hand in your report, then the FIA ​​analyses it, after which they come back with questions, and this process is still ongoing,” added Krack. 

“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.”

Krack was then asked if he knows of any administrative errors that might lead to an investigation from the FIA, and to his knowledge, that has not happened.

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“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,” he stated.

“We just have to wait and see what the outcome will be, but we don’t worry about it.”

The FIA will now hand out certificates of compliance on 10 October.