Page 4 - Cost Cap News Today

Ahead of the 2022 Mexican Grand Prix, the FIA released their verdict after Red Bull breached the 2021 F1 cost cap.

Red Bull have been fined $7m and given a ten per cent reduction in car development time for breaching last year's budget cap.

Team handed £6m fine and 10 per cent reduction in their permitted aerodynamic testing over the next 12 months as part of deal

Following the submission of all required documentation by all ten Formula One Teams, the Cost Cap Administration carried out the first ever Review process under the FIA Formula One World Championship Financial Regulations. These new Financial Regulations are a very complex set of rules that competitors were required to adapt to for the first time. 

Red Bull have entered an Accepted Breach Agreement (ABA) with the FIA following a breach of the 2021 Financial Regulations, F1’s governing body have said.

The 2022 F1 Constructors champion will also lose 10% of their aerodynamic research time.

The FIA and Red Bull Racing have entered an Accepted Breach Agreement over the Austrian team’s overspend in the 2021 season

Aston Martin have entered an Accepted Breach Agreement (ABA) with the FIA following a procedural breach of the 2021 Financial Regulations.

Ahead of the FIA's sentencing of Red Bull for their 2021 F1 Cost Cap breach, Emerson Fittipaldi has urged that rules be made clear

Red Bull Racing hit with penalties after violating the F1 cost cap