After a few agonizing weeks, the FIA has finally announced the penalty for Red Bull after it was found they breached the cost cap in 2021 – and we don’t think it’s enough.
Red Bull has been fined $7 Million USD, and is hit with a 10% reduction in wind tunnel testing for 2023. It was found that Red Bull inaccurately excluded and/or adjusted costs of £5,607,000 from its budget cap submission of £114,293,000 – which the FIA says constitutes an overspend of £1,864,000.
No points-reduction, no disqualification from races (both would be harsh penalties), however the precedent being set by the FIA with their decision means that teams with massive backing (Ferrari/Mercedes/Aston/etc) are more inclined to just pay the “fine” to gain an advantage.
What is the point of a cost cap, which was agreed by all teams & the FIA, if the World Championship team (and 2x Drivers’ Champion) are only given a slap on the wrist – will we be seeing more teams pay the “fine” in the future?
By the start of the 20th Century, the development of consumer automobiles was in full swing, and, seemingly, everyone was throwing their hat in the…
Supervisory Boards of Volkswagen AG and AUDI AG vote for complete takeover of Sauber Group Oliver Hoffmann takes over responsibility for Audi’s Formula 1 commitment…
LAGUNA BEACH, Calif. March 7, 2024 – Rivian today unveiled its new midsize platform which underpins R2 and R3 product lines. R2 is Rivian’s all-new midsize…
Mono Cup marks BAC’s first-ever entry into the dynamic world of motorsports The sensational announcement, which has been kept top secret, is the result of…
INEOS Automotive has unveiled its third model line – the INEOS Fusilier. The new 4X4 will offer two powertrain options to meet global consumer needs:…