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).
Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

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 reacted with “surprise and disappointment” after being found guilty of a “minor” breach of the F1 budget cap in 2021. The Austrian team insisted their “2021 submission was below the cost cap limit”, barely an hour after the FIA, the sport’s governing body, said it was now determining what action will be taken. Ad A minor overspend means Red Bull exceeded the budget by less than 5%.
Ferrari boss Mattia Binotto has lashed out at the FIA ruling which saw Charles Leclerc demoted to third by a last-lap penalty at the Japanese Grand Prix, which handed Max Verstappen a second Formula 1 title sooner than later.
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.