SportsRed Bull Reacts To FIA Budget Cap Breach Allegations

Red Bull Reacts To FIA Budget Cap Breach Allegations

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October 10, (THEWILL) – After being found responsible for a “minor” infraction of the F1 spending cap in 2021, Red Bull expressed “surprise and disappointment” with the finding.

Barely an hour after the sport’s governing body, the FIA, stated it was currently deciding what action will be taken, with potential penalties for the violation varying from public censure to a points reduction, the Austrian team asserted their “2021 submission was below the cost cap limit.”

The team put out a quick statement that said: “We note the findings by the FIA of ‘minor overspend breaches of the financial regulations’ with surprise and disappointment. Our 2021 submission was below the cost cap limit, 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.

Glo

“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.”

On the penultimate lap of the championship race in Abu Dhabi, Max Verstappen triumphed against Lewis Hamilton, who had been controversially denied a record-tying ninth title. Verstappen might be stripped of the 2021 championship if he loses several points after finishing just eight points ahead of Hamilton. But, the FIA has not stated how much Red Bull went over the limit or what penalty will be imposed.

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Jude Obafemi is a versatile senior Correspondent at THEWILL Newspapers, excelling in sourcing, researching, and delivering sports news stories for both print and digital publications.

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Jude Obafemi, THEWILLhttps://thewillnews.com
Jude Obafemi is a versatile senior Correspondent at THEWILL Newspapers, excelling in sourcing, researching, and delivering sports news stories for both print and digital publications.

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