06
Nov
2022
“Hugely worrying” that news of Red Bull’s F1 budget cap breach leaked
Red Bull reached a settlement with the FIA over its £1.8 million breach of last year’s budget cap ahead of the Mexican Grand Prix, arguing that it misinterpreted some of the permitted exclusions.
The team was hit with a $7m fine and a 10% reduction in its permitted aerodynamic development for the next 12 months, a sanction Horner called “enormous” and “draconian.”
It brought an end to the cost cap saga that first emerged over the Singapore Grand Prix weekend in…