Red Bull fined £6m by FIA over Formula One budget cap breach in 2021 season

Red Bull fined $7 million for overspending F1 cost cap

Formula One’s governing body ordered Red Bull to pay a $7 million fine and forfeit wind tunnel time for overspending the 2021 cost cap.

Red Bull fined $7 million for overspending F1 cost cap

Formula One’s governing body ordered Red Bull to pay a $7 million fine and forfeit wind tunnel time for overspending the 2021 cost cap.

Red Bull Fined $7 Million for Overspending F1 Cost Cap

MEXICO CITY—Fancy catering and energy drinks. Social security contributions and medical treatments for an employee that survived their illness. Those are some of the expenditures Red Bull claimed Friday it improperly misrepresented when submitting its 2021 financial report. It led to a breach of Formula One’s spending cap, set at $145 million for its debut season, and penalties handed down by the series governing body. The FIA on Friday ordered …

Red Bull fined $7 million for overspending F1 cost cap

Formula One’s governing body ordered Red Bull to pay a $7 million fine and forfeit wind tunnel time for overspending the 2021 cost cap.

Red Bull fined $7 million for overspending F1 cost cap

Formula One’s governing body ordered Red Bull to pay a $7 million fine and forfeit wind tunnel time for overspending the 2021 cost cap.

Red Bull fined US$7 million for overspending F1 cost cap

The FIA on Friday ordered the F1 championship team Red Bull to pay a US$7 million fine and forfeit wind tunnel time as punishment for overspending by $1.8 million during Max Verstappen's first championship season.