Report: Initial FIA Assessment Shows 2 Teams in Breach of F1 Budget Cap

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Report: Initial FIA Assessment Shows 2 Teams in Breach of F1 Budget Cap
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Multiple European media outlets say that Red Bull, Aston Martin in 'minor breach' of $145 million cap.

on Friday alleging that the two teams have breached the regulations, naming Red Bull Racing and Aston Martin.Max Verstappen and currently leads both championships by a healthy marginIt is understood that the respective breaches are under five per cent of the cap, which is viewed as a minor breach per the regulations, and would equate to a maximum of $7.5m overspend.

There are also clauses within the financial regulations that allow for race suspensions or points deductions from the championship in which the offence took place, or from future seasons.“The FIA is currently finalixing the assessment of the 2021 financial data submitted by all Formula 1 teams. Alleged breaches of the Financial Regulations, if any, will be dealt with according to the formal process set out in the regulations.

Speaking to Sky Sports F1 in Singapore, Red Bull team principal Christian Horner said he is “certainly not aware” of any breach.“The accounts were all submitted way back in March, it has been a long process with the FIA, we’re in the process, I think mid next week is when they declare their certificates. I think that our submission was below the cap.”

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