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Irish Mirror
Irish Mirror
Sport
Oisin Doherty

F1 team Red Bull fined €7 million for breach of FIA financial rules

The FIA has fined Team Red Bull €7 million for breaking F1 Financial rules.

F1's regulatory body today confirmed that the team, which carried Max Verstappen to a dramatic championship victory over Lewis Hamilton in 2021, overspent by €2.168m.

As a result of this breach, Red Bull have entered into an 'Accepted Breach Agreement' with the FIA which will also see their aerodynamic testing time reduced by 10 per cent in 2023.

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