Lewis Hamilton warned the FIA that their Formula 1 cost cap rules will be rendered useless unless they come down hard on teams that overspend.
Red Bull were accused by the governing body of a "minor" breach after analysis of their accounting for the 2021 season. The team responded with a statement in which they said they were "surprised and disappointed" by the accusation, and maintained their belief that they complied with the regulations.
The FIA has offered an 'accepted breach agreement' to the team, suggesting a punishment for their alleged overspend. If accepted, Red Bull would have to publicly take responsibility for breaking the rules and details of how much they went over the cost cap by would be published.
