Welcome to GPFans

CHOOSE YOUR COUNTRY

  • NL
  • GB
  • FR
  • ES-MX
  • GB
Red Bull handed FIA offer after budget cap breach
WK2022
Hamilton claims success a Verstappen target as Horner assesses Ferrari link - GPFans F1 Recap
24
F1 LIVE - American rapper turns Bottas into viral sensation
New Aston Martin recruit reveals Red Bull chat
Wolff explains Mercedes Ricciardo approach
Piastri casts eye over Mercedes Renault power differences
Sainz lists two main targets for Ferrari success
Magnussen provides Haas "standing still" warning
1
F1 2023: Which track should replace the Chinese Grand Prix? - Poll result
Red Bull explain Mick Schumacher snub
2
Bottas undergoes striking transformation
2
Horner responds to sensational Ferrari switch rumour
Horner shares 'Shrek and Donkey' Vettel memory
Vettel reveals "boring" F1 retirement hope
8
Hamilton offers theory behind Verstappen behaviour
Red Bull handed FIA offer after budget cap breach

Red Bull handed FIA offer after budget cap breach

Red Bull handed FIA offer after budget cap breach

Red Bull handed FIA offer after budget cap breach
Ewan Gale & Sam Hall

The FIA has offered terms to Red Bull for an "accepted breach agreement" following the team's breach of the 2021 budget cap.

Reports that the Milton Keynes-based team had exceeded the then-$145million cap began circulating ahead of the Singapore Grand Prix.

The rumours left Red Bull team principal Christian Horner irate given the confidential nature of the financial review process, with the Briton insisting there was no such breach at all.

This is a stance that Red Bull currently maintains.

F1's governing body then delayed the original date of release for the certificates of compliance from before the Japanese Grand Prix to the Monday after.

But when the results were revealed, Red Bull was found to have committed a minor breach, meaning an overspend of up to five per cent overspend [$7.25m].

This has left Red Bull in the firing line of its rivals with McLaren CEO Zak Brown sending a letter to F1 CEO Stefano Domenicali, FIA president Mohammed Ben Sulayem and the rest of the teams stating the breach "constituted cheating".

Despite the revelation that Red Bull had breached the budget cap, no value was given by the FIA. It is, however, understood the breach was no more than $2m.

The consequences within the regulations were deliberately written vaguely so that teams would not chance a punishment if they deemed the competitive advantage worth it, leaving a grey area over what could happen to Red Bull.

It is understood that the FIA has now offered Red Bull and ABA settlement but this would require Red Bull to accept that it was in breach of the rules.

If the team does accept this, it removes the potential of a points deduction or a budget cap reduction from the table.

This option would require Red Bull to agree to enhanced monitoring procedures as well as waive its right to challenge the decision.

It has been suggested that the team intends to call a press conference on Friday morning to discuss the topic.

Ontdek het op Google Play