Red Bull

FIA Fines Red Bull £6.07m, Imposes Less Wind Tunnel Time For Exceeding F1 Budget Cap

October 28, (THEWILL) - Due to Red Bull's violation of the budget cap, the Formula 1 unit has been fined £6.07 million and will have 10% less wind tunnel time during the 2023 Formula 1 season. According to the Fédération...

Red Bull Reacts To FIA Budget Cap Breach Allegations

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...

FIA Deliberates On Sanctions To Impose On Red Bull For Breaching 2021 Budget Cap

October 10, (THEWILL) - Formula 1 regulating body, the Fédération Internationale d'Automobile (FIA), has discovered that Red Bull has a "minor" breach of the required F1 budget cap in the 2021 season and is currently deciding what sanctions to impose...

Verstappen Wins Contentious Japanese GP For Second Consecutive F1 Title

October 09, (THEWILL) - Max Verstappen of Red Bull won the rain-shortened Japanese Grand Prix at Suzuka to win his second Formula One World Championship title for a consecutive time. Verstappen did this by claiming his 12th victory of the...

F1 Teams Await FIA Certifications Amidst Spending Limits Breach

October 5, (THEWILL) – The Formula 1 paddock is eagerly awaiting word from the governing body of the series after rumours surfaced during the Singapore Grand Prix weekend that two teams, Red Bull and Aston Martin, may have spent...
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Ralph Obioha, Elder Statesman and Businessman, Dies at 80

The Obioha family confirmed that the Nigerian elder statesman, political leader and businessman died on October 3, with funeral arrangements to be announced later.
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