Cashgate Scandal: FIA make admission about ‘grey area’ amid cheating speculation

The FIA are set to issue certificates of compliance later today.

Robert Reid, vice president of the FIA, has moved to cool speculation around who may have breached the financial regulations in 2021.

The governing body brought in a cost cap last year, with the teams required to avoid spending any more than $145 million.

They were also asked to keep a record of their outgoings and the FIA have been reviewing those documents for the last few months.

Williams were late in submitting their paperwork, and they were fined for a procedural breach.

READ: Toto Wolff warns FIA of legal action ahead of Monday’s Cashgate verdict

A recent report indicated that Red Bull and Aston Martin might have gone over the cost cap last season, and the Austrian team were initially accused of a material overspend.

The five percent threshold is now not thought to have been breached, but a minor overspend could still be punishable.

The FIA were scheduled to finalise their audit on Wednesday last week, but that has now been pushed back to Monday.

We may finally find out who overspent, and who did not, unless the FIA decide to deal with any indiscretions behind closed doors.

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The rumour mill has been running wild in the last few days regarding any potential overspends, and Reid reckons that has been particularly unhelpful.

“I think the unfortunate thing for me is there’s been so much speculation, and wild speculation,” he told

“And that’s caused situations where potentially there’s even some reputational damage now, which is unfortunate. There’s been too much talk.”

The governing body, after finishing their audit, will start to analyse the teams’ figures for 2022.

“Monday will come and go, and I’m sure we’ll quickly move on to the next year’s analysis, and we’ll see what comes,” added Reid.

“Personally, I actually don’t know the figures. It is a process, we do have a department who are doing that, they will come with various steps in the process.

“If there were to be any breaches, I think everybody knows what those breaches would be classified as in terms of procedural, minor and material.

“The regulations are there for everyone to read. We’ve already had the Williams situation so everybody understands what would happen or what the next steps might be, certainly in terms of procedural breach.

“I don’t know if there will be some procedural breaches, or there might even be some overspends. So let’s wait and see and deal with it at that time.”

Reid is determined to ensure that the calculations in the coming years do not take as long as the long as last year’s ones have.

“We certainly hope in years to come that it happens quicker than that has happened, now that we’ve walked through,” he explained.

“But the clarifications that happen on the ’21 results are obviously valid for ’22 and ’23.

“By the law of physics, we’re kind of narrowing down where we can interrogate. There’s a huge chunk of it that is absolutely clear, and clearly within the cost cap, or clearly outside the cost cap.

“And the grey area is hopefully getting smaller and smaller as we go forward.”

The FIA are always open to adaptations that will help them improve going forward.

“They need to work, there’s a process,” he added.

“It’s early doors in terms of the regulations, you look at how many changes there are to F1 technical and sporting regulations on an ongoing basis. I think anything new needs to be tweaked.

“Potentially there are some unintended or unrealised consequences in the way things are written, it’s the old classic. 

“If you put push the balloon down here, it’s going to pop up somewhere else that you’re maybe not aware of. We had a trial run in 2020, so this is our first proper one.

“We still have situations from a sporting perspective that people say, ‘Oh, we’ve never seen that before.’ 

“Now, how long has the sport been going on? So I’m sure we’re going to see the same, not just for the ’21 analysis, but ongoing in financial regulations as we go forward.

“It’s a complicated set of regulations, so a complicated process to try and achieve, but I think everyone agrees it’s absolutely essential for the future of the sport that we have some control on the costs.”

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The FIA came under scrutiny last weekend in Japan when they deployed a recovery vehicle while cars were still making their way through.

That took place eight years after a similar mistake had cost Jules Bianchi his life.

The governing body initially exonerated themselves of any responsibility, but have now started an investigation.