Red Bull breached F1 cost cap rules for Max Verstappen’s World Championship victory

Red Bull has been found to have breached Formula 1’s spending rules for Max Verstappen’s first drivers’ championship crown.

The sport’s governing body, the FIA, announced on Tuesday morning AEDT that Red Bull was the only team to breach the cost cap introduced in 2021.

Red Bull’s Verstappen won his first drivers’ championship in 2021, overtaking Mercedes rival Lewis Hamilton on the final lap of the final race to win the title.

On Tuesday, the FIA ​​said Red Bull had committed a “minor financial overspend” in 2021, meaning their spending was less than 5 percent over the cap.

Aston Martin turned out to have had a procedural problem in submitting their paperwork, but they didn’t spend too much.

“The FIA ​​Cost Cap Administration is currently determining the appropriate course of action to be taken under the Financial Regulations in respect of Aston Martin and Red Bull and further information will be communicated in accordance with the regulations.”

A cost cap of US$145 million ($230 million) was introduced last year as F1 sought to become more financially sustainable.

Red Bull issued a statement following the breach announcement saying their submission of paperwork – which was submitted to the FIA ​​in March – was below the ceiling in their view.

“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 below the 2021 cost cap,” they said.

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

Consequences for this breach may include “financial sanctions and/or minor sporting sanctions may be imposed”.

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