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Tag: Cost cap
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For a while now speculation has been rife around the paddock that Oracle Red Bull Racing had breached the 2021 budget cap. Christian Horner was adamant that his team were in the clear however the FIA released earlier this month that there was what was considered a minor overspend by the energy drink owned team.…
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The FIA and Red Bull have seemingly reached an agreement on a penalty in regard to their budget cap infringement, where we were expecting an announcement soon. However, following the death of Dietrich Mateschitz, the founder of Red Bull, they have understandably delayed this. When the announcement will be is still yet to be released…