The Latest Breaking News from FIA

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

The team must now enter into what's known as an 'Accepted Breach Agreement' with the FIA.

Irish Mirror · Oct 28, 2022

Red Bull demand apology from F1 rivals Ferrari, Mercedes and McLaren over cost cap talk

Speaking to media including Mirror Sport, Red Bull chief Christian Horner made it clear that he has been less than impressed by how their rivals have approached the cost cap issue

Daily Mirror · Oct 28, 2022

Red Bull accepted FIA cost cap breach agreement for good of F1 - Horner

Red Bull accepted the FIA's cost cap breach agreement offer for the good of Formula 1 and to prevent the case dragging on for many months, according to Christian Horner.

Autosport · Oct 28, 2022

Emerson Fittipaldi slams 'talentless' F1 drivers and makes Mick Schumacher claim

Despite measures in place to reduce the number of pay drivers in F1, former champion Fittipaldi still believes there are too many who have more cash than talent

Daily Mirror · Oct 28, 2022

Red Bull, FIA Agreement Details Released After F1 Cost Cap Breach

After taking into account an unclaimed UK tax credit, the Milton Keynes-based team breached the cap by $500,000 in 2021, the year of Verstappen’s first title.

Sports Illustrated · Oct 28, 2022

Full FIA report on Aston Martin F1 cost cap procedural breach and penalty

Aston Martin has picked up a $450,000 fine from the FIA for its procedural infringements of last year’s Formula 1 cost cap rules.

Autosport · Oct 28, 2022

Red Bull F1 cost cap penalty: The 13 errors listed by the FIA

The FIA has listed 13 categories of adjusted or excluded costs that were incorrectly treated by the Red Bull Racing Formula 1 team in its 2021 cost cap submission.

Motorsport · Oct 28, 2022

Aston Martin fined $450k for F1 cost cap procedural breach

Aston Martin has been fined $450,000 by the FIA under an Accepted Breach Agreement for its procedural infringements of last year’s Formula 1 budget cap rules.

Autosport · Oct 28, 2022

Red Bull agrees to pay $11 million for F1 cost cap breach during Max Verstappen championship year

Max Verstappen won his first drivers' championship in 2021 for Red Bull, but because the breach was "minor" his title was never in jeopardy.

ABC News · Oct 28, 2022

F1: Red Bull fined £6m and handed development penalty for 2021 cost-cap breach

Red Bull have been fined $7million (£6.06m) for exceeding Formula One’s cost cap for the 2021 season.

Evening Standard · Oct 28, 2022