Red Bull, Aston Martin breached F1 cost cap rules in 2021
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).
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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).
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.
Sebastian Vettel has denied he was pushed out of the Aston Martin team by its owner Lawrence Stroll.
LONDON: Aston Martin is raising £575.8 million (US$660 million) in a rights issue as major investors including Saudi Arabia's sovereign wealth fund keep faith with the struggling luxury British carmaker.
LONDON : Aston Martin is raising 575.8 million pounds ($660 million) in a rights issue as major investors including Saudi Arabia's sovereign wealth fund keep faith with the struggling luxury British carmaker.
Formula 1 returns this weekend with the Belgian Grand Prix, as championship leader Max Verstappen looks to extend his advantage over the chasing pack.
Formula 1 returns this weekend with the Belgian Grand Prix, as championship leader Max Verstappen looks to extend his advantage over the chasing pack.
Formula 1's annual summer break is usually a time when teams and drivers fill vacant seats ahead of a new season. And with half of the ten teams confirming their 2023 line-ups, others are yet to fill one or both seats.