Red Bull fined $7-million for 2021 F1 Cost Cap breach
Ahead of the 2022 Mexican Grand Prix, the FIA released their verdict after Red Bull breached the 2021 F1 cost cap.
Source: grandprix247.com
Page 7 - Cost Cap News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Cost Cap. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Cost Cap Today - Breaking & Trending Today
FIA announce Red Bull fine and 10% reduction in car development
Red Bull have been fined $7m and given a ten per cent reduction in car development time for breaching last year's budget cap.
Source: planetf1.com
Red Bull punishment for breaking F1's budget cap revealed
Team handed £6m fine and 10 per cent reduction in their permitted aerodynamic testing over the next 12 months as part of deal
Source: telegraph.co.uk
Accepted Breach Agreement between Red Bull Racing Team and the FIA for Breach of the 2021 FIA Formula One Financial Regulations
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.
Source: fia.com
Red Bull enter an Accepted Breach Agreement with FIA over breach of 2021 Financial Regulations
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.
Source: formula1.com