Mercedes tweaks power structure with new F1

Mercedes tweaks power structure with new F1 deputy team principal

A subtle but significant shift has taken place behind the scenes at Mercedes – one that reinforces the... The post Mercedes tweaks power structure with new F1 deputy team principal appeared first on F1i.com.

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<p>A subtle but significant shift has taken place behind the scenes at Mercedes – one that reinforces the...</p> <p>The post <a href="https://f1i.com/news/561515-mercedes-tweaks-power-structure-with-new-f1-deputy-team-principal.html">Mercedes tweaks power structure with new F1 deputy team principal</a> appeared first on <a href="https://f1i.com">F1i.com</a>.</p>

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financial Regulations

Art. D3.1

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Financial Regulations

Article D3.1

FIA Source

Obligations of individual F1 Team members

Chapter: ARTICLE D3: OBLIGATIONS OF INDIVIDUAL F1 TEAM MEMBERS

In Simple Terms

The top leaders of an F1 team (Team Principal, CEO, CFO, and Technical Director) must sign official documents confirming that all financial and technical information submitted to F1 is truthful and complete. All team members must cooperate with F1's cost cap investigations, follow their instructions, and accept any penalties imposed.

Team leadership must personally sign declarations confirming accuracy of all submitted documentation
Team members are prohibited from signing false declarations or providing false information
All team members must cooperate fully with cost cap administration investigations and requests
Teams must comply with provisional suspensions and accept sanctions without delay

Official FIA Text

Reporting Documentation must be accompanied by Declarations signed by Team Principal, CEO, CFO, and Technical Director confirming documentation is complete and accurate. Each Individual F1 Team Member must not sign untrue Declarations, cooperate with Cost Cap Administration, comply with requests and Demands, and comply with provisional suspensions or sanctions.

cost capdeclarationsteam principalfinancial documentationcompliance

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