Under FIA regulations, teams found guilty of a minor overspend breach can be punished with a fine “and/or any minor sporting penalties.”Īnother F1 team, Aston Martin, was considered to be in a “procedural breach” of the regulations, FIA said. He beat Lewis Hamilton to the title in a controversial finish to the last race. Going over the budget cap by less than 5% is considered a minor breach and it appears very unlikely that Verstappen will lose his 2021 title. FIA did not say how much the team overspent. The FIA said Red Bull was “considered to be in procedural and minor overspend breaches of the financial regulations” in 2021 but any sanctions would be announced at a later date. Verstappen clinched his second consecutive title at the Japanese Grand Prix. Last year, Red Bull driver Max Verstappen won his first world title on the last lap of the last race. Oracle Red Bull Racing October 10, 2022 “So we need to carefully review the FIA’s findings as our belief remains that the relevant costs are under the 2021 cost cap amount.” “Our 2021 submission was below the cost cap limit,” Red Bull said in a statement. Red Bull took note of FIA’s conclusions with “surprise and disappointment.” The FIA announced the verdict of its investigation into whether F1 teams violated the spending regulations in 2021. PARIS - Formula One team Red Bull breached F1 budget regulations last season and was guilty of “minor” overspending, the series’ governing body said on Monday.
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