Red Bull overspending sanction: Mulling the next steps
It could be "a while" until the penalty for Red Bull's now-confirmed budget cap breach is decided.
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It could be "a while" until the penalty for Red Bull's now-confirmed budget cap breach is decided.
LONDON: Formula One world champion Max Verstappen's Red Bull team breached last year's cost cap rules with a 'minor overspend', the governing FIA said in a statement on Monday (Oct 10).
Red Bull have been found guilty of a “minor” budget violationFormula One's governing body announced on Monday.
Red Bull have been found guilty of breaking Formula One’s financial rules.
Heading into the Singapore Grand Prix weekend, it came to light that two teams were in breach of the 2021 Formula 1 budget cap. Though not confirmed, it was speculated that the guilty teams were Red Bull Racing and Aston Martin.
Formula One team Red Bull was found to have breached budget regulations last season, with the sport's governing body saying Monday it was guilty of "minor" overspending.
Red Bull and Aston Martin have been found in breach of Formula 1 financial rules, the motor sports governing body (FIA) announced on Monday, saying any punishment would be decided at a later date. The FIA said a review of the teams had found that Red Bull, home of world champion Max Verstappen, "is considered to be in procedural and minor overspend breaches of the Financial Regulations" with Aston Martin "in procedural breach of the financial regulations." The FIA said it was "currently determining the appropriate course of action to be taken."
Red Bull say they are ‘surprised and disappointed‘ with the FIA’s cost cap findings that state the team breached the 2021 financial cap by a minor overspend.