Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Sport
Daniel Moxon

Red Bull announce press conference as cost cap punishment 'agreed' with FIA

Red Bull will hold a press conference on Friday after the FIA revealed details of their punishment for breaching Formula 1 cost cap rules.

The sport's governing body accused the team of overspending after their analysis of submissions from all 10 teams over their accounts for the 2021 season. Red Bull denied the claim and insisted their belief that they stuck to the rules.

But all the same the FIA pressed ahead with its process and offered an accepted breach agreement (ABA) to the team. According to various reports, this has now been accepted by Red Bull, while Aston Martin have also agreed on a deal for their procedural breach of the rules.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.