Red Bull - Budget Cap

Red Bull budget cap deadline extended after Mateschitz death

Sam Hall Sunday 23 October 2022 18:01

The FIA has extended Red Bull's deadline to agree to an 'accepted breach agreement' for its cost cap violation in the wake of the death of team owner Dietrich Mateschitz.

News of the 78-year-old's passing broke less than an hour before the start of qualifying at the United States Grand Prix.

To that point, the weekend had been dominated by talks of Red Bull's minor breach of the budget cap and what level of punishment the team could or should face as a result.

READ: Perez urges ruthless Red Bull finish

The FIA made an ABA offer to Red Bull on Thursday and talks had been ongoing across the weekend with the team maintaining its innocence on the matter.

But these talks will now be paused, with Red Bull confirming the appropriate delay.

"Following the passing of Mr Mateschitz, all conversations with the FIA around Cost Cap and next steps are on hold until further notice," said a team spokesperson.

"The deadline for the agreement has been extended and we expect talks to pick back up in the middle of the week."

During a tense press conference on Saturday morning, team principal Christian Horner had reacted angrily to McLaren Racing CEO Zak Brown's assertion that the team had 'cheated' by spending beyond the prescribed limit.

Latest News

Latest F1 News

Lando Norris and Oscar Piastri butt heads in awkward post-race mishap

Yesterday 22:57

F1 Social

Lewis Hamilton gets major Roscoe boost for British Grand Prix

Yesterday 22:27

Latest F1 News

Cadillac bombshell drops as Red Bull F1 star linked with shock move

Yesterday 21:42

F1 Today

F1 News Today: Austrian Grand Prix race result confirmed as FIA issue Lando Norris disqualification verdict

Yesterday 21:19

Latest F1 News

Mercedes F1 to run ORANGE livery at British Grand Prix this weekend

Yesterday 20:57

Latest F1 News

F1 legend claims first podium at the age of 94

Yesterday 20:12

More news

FIA issue Lando Norris disqualification verdict at Austrian Grand Prix

29 june

300.000+ views

FIA announce Charles Leclerc disqualification verdict ahead of Canadian Grand Prix

12 june

200.000+ views

F1 News Today: Austrian Grand Prix race result confirmed as FIA issue Lando Norris disqualification verdict

Yesterday 21:19

200.000+ views

FIA announce George Russell punishment verdict at Canadian Grand Prix

14 june

150.000+ views

FIA announce harsh McLaren penalty verdict after Oscar Piastri incident at Canadian GP

14 june

150.000+ views

Mercedes F1 star hit by FIA deleted lap ruling after Canadian Grand Prix

16 june

F1 News 24/7

Races

About GPFans

GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.

We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.

With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.

Follow us on your favorite social media channel

Corporate & Media

Innovatieweg 20C
7007 CD, Doetinchem, Netherlands
+31645516860

CHOOSE YOUR COUNTRY

Red Bull budget cap deadline extended after Mateschitz death

Red Bull budget cap deadline extended after Mateschitz death