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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.
Red Bull have been found guilty of breaking Formula One's financial rules.
PARIS (AP) — 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 committed a «minor» breach of the F1 budget cap in the 2021 season, with the FIA, the sport's governing body, now determining what action will be taken. Red Bull, along with Aston Martin, were also found to have committed a procedural breach — failing to fill in forms correctly. The FIA confirmed the other nine teams were under the 2021 $145m (£114m) cost cap.
LONDON : Red Bull and Aston Martin breached Formula One's cost cap rules last season, the sport's governing FIA said in a statement on Monday.