RED BULL HITS BACK AT SPORTINGCOST-CAP PENALTY
01 BREACH PENALTY POLARISES
Is Red Bull’s fine too much or not enough?
01 A total of $7,450,000 in fines will be collected by the FIA from Red Bull and Aston Martin once proceedings are completed over the teams’ infringements of financial regulations in 2021. $450,000 of these will be paid into the coffers of the federation by Lawrence Stroll’s team. The rest will come from Red Bull. Yet when Christian Horner called the penalty “draconian”, he did not refer to the fine – but the sporting penalty his team has been issued as the only one that failed to meet the allocated 2021 budget limit.
That Red Bull had committed an overspend last year was initially discussed during the Singapore Grand Prix – albeit at the level of rumours, yet still with a degree of confidence. The official confirmation came after the race in Japan – by sheer coincidence (although Horner, judging by his words to the media, isn’t entirely convinced) the very race where Max Verstappen clinched his second championship.
RED BULL WILL ALSO LOSE 10% OF ITS AERODYNAMIC TESTING TIME WITHIN 12 MONTHS
More details emerged overspend.