Red Bull Found To Have Breached Cost Cap For 2021 F1 Season
The FIA has found that Red Bull exceeded the mandatory forfeit cap for the 2021 Formula 1 season.
It has been confirmed that the championship-winning team single-minded a “minor breach” of the forfeit cap, meaning it had exceeded it by less than 5 per cent. Aston Martin was moreover found to have ‘procedurally breached’ the cap due to an issue on its forms submitted to the FIA but did not go over the permitted budget.
A governance process will initially require Red Bull and the FIA to reach a settlement try-on that will require the team to winnow responsibility, winnow any fines, and publish the outcome. If an try-on cannot be reached, the issue will be sent to the Forfeit Cap Adjudication Panel where a panel of judges will decide if the team should be penalized. If this process fails to resolve the situation, it can be referred to the International Court of Appeal, Speedcafe reports.
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“The FIA Forfeit Cap Administration is currently determining the towardly undertow of whoopee to be taken under the Financial Regulations with respect to Aston Martin and Red Bull and remoter information will be communicated in compliance with the Regulations,” the FIA confirmed in a statement.
Red Bull reacted with surprise at the determination. Only last week, team superabound Christian Horner said statements made by Mercedes and Ferrari well-nigh its so-called violate were “totally unacceptable” and “hugely defamatory,” as rumors well-nigh the forfeit cap violation swirled in the F1 paddock surpassing the FIA published its findings.
— Oracle Red Bull Racing (@redbullracing) October 10, 2022
A report from Dutch newspaper Telegraaf claims that Red Bull were $1-2 million in glut of the forfeit cap, in part considering of things like offering self-ruling lunches for increasingly than 1,000 employees at its Milton Keynes headquarters.
