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HomeSportsRed Bull found guilty of breaking Formula 1's budget cap

Red Bull found guilty of breaking Formula 1’s budget cap

Red Bull have been found guilty of breaking Formula 1’s budget cap by the sport’s governing body, the FIA.

Red Bull exceeded the $145m (£114m) limit during 2021, the FIA said, adding that the offence was “minor”. This the say is the lower of the two categories of breach.

This means the team exceeded the cap by less than 5%, or $7.25m.

Both Red Bull and Aston Martin have been found guilty of a procedural breach of the cap.

The FIA didn’t reveal amount by which Red Bull exceeded. It said it was “currently determining appropriate action”.

Red Bull driver Max Verstappen won a close championship fight with Mercedes driver Lewis Hamilton in 2021

Red Bull said in a statement that they noted the FIA’s findings “with surprise and disappointment”.

The team added: “Our 2021 submission was below the cost-cap limit, so we need to carefully review the FIA’s findings. Our belief remains that the relevant costs are under the 2021 cost-cap amount.

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

Red Bull team principal Christian Horner repeated his belief that the team were under the cap in 2021

Both teams have the possibility of appealing against the decision.

Potential penalties for a ‘minor’ breach include: a reprimand; deduction of drivers’ and/or constructors’ championship points for the season in question; suspension from one or more stages of a competition; limitations on aerodynamic or other testing; and a reduction of the team’s cost cap.

The FIA statement added: “With respect to this first year of the application of the financial regulations, the intervention of the FIA cost-cap administration has been limited to reviewing the submissions made by the competitors and that no full formal investigations were launched.”

A procedural breach is not an overspend, but rather a failure to fill in forms correctly. Williams also guilty for same offence had a fine of $25,000 earlier this year.

On Monday, Red Bull team principal Christian Horner repeated his belief that the team were under the cap in 2021. The season in which Red Bull driver Max Verstappen won a close championship fight with Mercedes driver Lewis Hamilton. Though they achieved it in controversial circumstances at the final race of the year.

“We’re very confident we’re within the cap and within those financial regulations,” Horner told BBC Radio 4’s Today programme.

“We are in shock at the speculation and accusations made by the other teams. We wait for the FIA to conclude their process and we wait to see what comes out.”

In addition to the potential of an appeal, Red Bull also have the opportunity to enter into a ‘settlement agreement’.

In this scenario, a team accepts its guilt and the FIA imposes a penalty it deems appropriate.

If the team is still not happy after that, it can take its case to FIA’s international court of appeal.

Aston Martin didn’t comment, but their position we understood to be that they spent less than the total amount of the budget cap in 2021 and regret their breach, which centered on administrative protocols that reflect what they consider a complex regulatory interpretation.

Ferrari team principal Mattia Binotto said on Sunday that even a so-called ‘minor’ breach was a significant offence.

Binotto said: “If there is a breach, the penalty has to be significant. We developed our car with respect to the budget cap. We know how much even a minor breach would have implied in performance.

“$5m is about half a second, $1-2m is 0.1-0.2secs, which can be the difference between second on the grid to pole.

“It is about 2021. And also over the following seasons. I am expecting full transparency and clarity on the discussions they have had.”

ViaBBC
SourceBBC
Alfred Saiki
Alfred Saiki
A passionate sports journalist and administrator. I want to see the world.
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