It could be “a while” before a penalty for Red Bull Racing’s 2021 budget cap violation is decided.
The FIA (International Automobile Federation) announced on Monday, October 10, that in 2022 Red Bull Racing had “minor overspending” against the 2021 budget cap. The team reiterated its belief that limits were not exceeded in terms of “surprise and disappointment”.
Formula 1’s governing body said it was now “determining an appropriate course of action”, but harsh penalties such as the stripping of Max Verstappen’s 2021 title have now been ruled out.
Among the possible penalties is an agreed ‘settlement’ with Red Bull or a referral to a ‘cost cap adjudication panel’, which rules out the harshest penalty as Red Bull’s overspending is less than 5%.
“The procedure is complicated, but it may take some time before we know exactly what the outcome will be,” reported the German newspaper Bild.
Most insiders expect hefty fines, or even cuts to things like wind tunnel time and Red Bull’s budget cap.
Qualifying limit violations “less than 5%” are considered minor overages, but still up to $7.25 million, giving Ferrari F1 team principal Mattia Binotto a performance advantage of 0.1 seconds per million dollars. claims to be
However, Dutch newspaper De Telegraaf reported that “Red Bull did not spend much money on the development of the car.”
“There were errors on other matters, such as catering and sickness absences.”
Italy’s La Repubblica says La Repubblica ‘Red Bull wasted, but very little’
“Only a fine is expected for the team of the new world champion Max Verstappen.”
Meanwhile, Aston Martin was found to be in “procedural violations” of the budget cap, and procedural issues with Williams’ application were dealt with earlier this season with a $25,000 fine.
