Wednesday, April 24, 2024

Red Bull exceeded 2021 budget cap, says FIA

Date:

Share post:

Red Bull have been found guilty of breaking Formula 1’s budget cap by the sport’s governing body, the FIA.

Red Bull exceeded the $145m limit during 2021, the FIA said, adding that the offence was “minor”, the lower of the two categories of breach.

This means the team exceeded the cap by less than 5 per cent, or $7.25m.

Both Red Bull and Aston Martin were also found guilty of a procedural breach of the cap.

The FIA did not reveal the amount by which Red Bull exceeded the cap, how it had done so, or what penalties would be applied. It said it was “currently determining appropriate action”.

Red Bull said in a statement that they noted the FIA’s findings “with surprise and disappointment”.

The team added: “Our 2021 submission was below the cost-cap limit, so we need to carefully review the FIA’s findings, as our belief remains that the relevant costs are under the 2021 cost-cap amount.

“Despite the conjecture and positioning of others, there is of course a process under the regulations with the FIA which we will respectfully follow while we consider all the options available to us.”

Both teams have the possibility of appealing against the decision.

Potential penalties for a ‘minor’ breach include: a reprimand; deduction of drivers’ and/or constructors’ championship points for the season in question; suspension from one or more stages of a competition; limitations on aerodynamic or other testing; and a reduction of the team’s cost cap. (BBC)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Broad Street to be paved over Heroes weekend

The Ministry of Transport and Works, through its contractor Infra Construction Inc., will mill and pave Lower Broad...

Death rates up

Barbados’ population is officially in decline as the number of people dying each year surpasses those being born. That...

CDB boss steps down with ‘immediate effect’

BRIDGETOWN – President of the Barbados-based Caribbean Development Bank (CDB), Dr Hyginus ‘Gene’ Leon, has resigned with “immediate...

St Michael man remanded on 14 charges

A 23-year-old St Michael man was remanded to Dodds Prison after appearing in court to answer 14 charges. Raheem...