After paddock rumors of potential cost cap violations last season continued to brew in recent weeks, the FIA announced Red Bull is considered to have committed a “procedural breach” and a “minor overspend” in 2021.
The FIA has not yet determined what the punishment will be for breaching last season’s cap. Red Bull released a statement in wake of the announcement, saying, “We note the findings by the FIA of ‘minor overspend breaches of the financial regulations’ with surprise and disappointment. Our 2021 submission was below the cost cap limit, so we need to carefully review the FIA’s findings as our core belief remains that the relevant costs are under the 2021 cost cap amount.
“Despite the conjecture and positioning of others, there is of course a process under the regulations with the FIA which we will respectfully follow while we consider all the options available to us.”
