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Latest F1 news about: 7m

5

Finishing seventh wasn't just about the money, insists Vowles

7 months ago

from: Pitpass.com

( 345 views )

Williams boss James Vowles insists that finishing seventh in the team standings wasn't just about the money, even though fending off AlphaTauri's late charge was... read more »

5

McLaren seeking $20m - $30m from Palou

10 months ago

from: Pitpass.com

( 257 views )

Reports suggests that McLaren is seeking between $20m (£15.7m) and $30m (£23.5m) in damages from Alex Palou after the Spanish driver reneged on his contract for 2024. read more »

15

Ex-title sponsor ROKiT launches $149m claim against Williams F1

about 1 year ago

from: MotorSportWeek.com

( 762 views )

ROKiT, the former title partner of the Williams Formula 1 team, has launched a $149 million legal claim against the Grove-based squad. The case comes after Williams won a won... read more »

1

FIA bans jacks touching F1 cars during pitstop penalties after Alonso review

about 1 year ago

from: Autosport.com

( 432 views )

The clarification has resulted from a review of the Alonso penalty stop and the grid placement offence that triggered it.As well as a tidying up of the penalty pitstop rules... read more »

5

Aero test penalty demands precision, says Verstappen

about 1 year ago

from: Pitpass.com

( 1174 views )

While many still believe the $7m fine for exceeding the budget cap to be derisory, Max Verstappen admits that the reduction on aero testing will present an altogether different... read more »

9

Car causing Prost-Ferrari split set for auction for head-spinning price-tag!

about 1 year ago

from: Crash.Net

( 608 views )

A Ferrari F1 car which the legendary Alain Prost demanded was rebuilt is now set to be auctioned for €2.9m-€3.4m (£2.5m-£3m / $3.1m-$3.7m). read more »

1

Vasseur wants quicker, stricter action for future F1 cost cap breaches

about 1 year ago

from: Autosport.com

( 592 views )

Following the audit of the first year of F1's financial regulations in 2021, Red Bull was found to have exceeded the $145 million budget cap by 1.6%, resulting in a $7m... read more »

1

Horner: "Hugely worrying" that news of Red Bull's F1 budget cap breach leaked

about 1 year ago

from: Autosport.com

( 1975 views )

Red Bull reached a settlement with the FIA over its £1.8 million breach of last year's budget cap ahead of the Mexican Grand Prix, arguing that it misinterpreted some of... read more »

35

Horner makes FIA demand with $7m fine

about 1 year ago

from: GPfans.com

( 1175 views )

Christian Horner has called on the FIA to use the $7million fine imposed on Red Bull for breaching the budget cap to help struggling series elsewhere. read more »

1

McLaren: Red Bull F1 cost cap penalty "not harsh enough"

about 1 year ago

from: Autosport.com

( 570 views )

On Friday, the FIA confirmed that Red Bull had been fined $7m and docked 10% of its aero testing for the next 12 months, while Aston Martin was fined $450,000 for a procedural... read more »

1

Horner believes Red Bull won't breach 2022 F1 cost cap

about 1 year ago

from: Autosport.com

( 1061 views )

However, he admits he can't say with "100% confidence" that Red Bull will be safe - and suggests that six teams are still at risk of breaching the 2022 cap... read more »

1

How catering costs contributed to Red Bull's F1 budget cap overspend

about 1 year ago

from: Autosport.com

( 728 views )

The FIA announced on Friday in Mexico that it had struck an Accepted Breach Agreement with Red Bull after finding the team had exceeded the $145 million budget cap last year.... read more »

15

McLaren not interested in Red Bull’s ‘fairy tale’ F1 cost cap explanation

about 1 year ago

from: MotorSportWeek.com

( 543 views )

McLaren Team Principal Andreas Seidl says that he is not interested in listening to Red Bull's "fairy tale" explanation regarding its cost cap breach. On Friday,... read more »

15

Red Bull critical of ‘enormous’ and ‘draconian’ cost cap sanction

about 1 year ago

from: MotorSportWeek.com

( 528 views )

Red Bull boss Christian Horner has labelled his team's budget cap sanction as "enormous" and "draconian" but says the squad has accepted its penalty.... read more »

1

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

about 1 year ago

from: Autosport.com

( 438 views )

The FIA announced on Friday in Mexico that Red Bull had entered an Accepted Breach Agreement after it was found to have exceeded the $145 million budget cap in 2021.Red Bull... read more »

1

Red Bull: F1 cost cap breach penalty "enormous" and "draconian"

about 1 year ago

from: Autosport.com

( 589 views )

The FIA announced on Friday that it had struck an Accepted Breach Agreement with Red Bull after finding it had exceeded the $145 million cost cap through 2021.Red Bull was... read more »

1

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

about 1 year ago

from: Autosport.com

( 1164 views )

The FIA announced after the Japanese Grand Prix that both Aston Martin and Red Bull were found to have breached the financial regulations for 2021 after completing their... read more »

9

Red Bull's punishment for breaking F1 cost cap revealed

about 1 year ago

from: Crash.Net

( 490 views )

Red Bull have been hit with a $7m fine and a 10 percent reduction in aero testing for 2023 as punishment for breaking F1's cost cap regulations.  read more »

5

Red Bull fined $7m for cost cap breach

about 1 year ago

from: Pitpass.com

( 353 views )

Having exceeded the cost cap by £1.8m, Red Bull is fined $7m together with a limit on aero testing for 12 months. read more »

11

Red Bull: F1 team receive $7m fine & 10% aero research reduction

about 1 year ago

from: BBC.co.uk/F1

( 697 views )

Red Bull have been hit with a $7m (£6.07m) fine and a 10% reduction in permitted aerodynamic research for breaking Formula 1's budget cap. read more »

1

FIA hands Red Bull $7m fine, aero testing reduction for cost cap breach

about 1 year ago

from: Autosport.com

( 1286 views )

The FIA revealed after the Japanese Grand Prix that both Red Bull and Aston Martin were in breach of F1's financial regulations for 2021, putting them at risk of... read more »

30

Red Bull handed $7m fine and wind tunnel penalty for F1 cost cap breach

about 1 year ago

from: SkySports.com/F1

( 612 views )

Red Bull have been handed a $7million fine and restrictions on car development time for breaching last season's Formula 1 cost cap. read more »

5

F1 should help W Series says Hamilton

about 1 year ago

from: Pitpass.com

( 453 views )

Lewis Hamilton believes F1 and the FIA should have done more to help W Series, the all-women race series that has collapsed with liabilities of over £7m. read more »

9

The most expensive F1 cars sold at auction - and their eye-watering price-tags!

about 1 year ago

from: Crash.Net

( 742 views )

These are the most expensive F1 cars ever sold at auction, and the incredible prices they have cost, ahead of Michael Schumacher's 1998 Ferrari F300 being auctioned (it is... read more »

9

Michael Schumacher's 1998 Ferrari to be auctioned - this is its crazy value

about 1 year ago

from: Crash.Net

( 616 views )

Michael Schumacher's Ferrari F1 car from 1998 is set to be auctioned and is expected to fetch between $6m-$8m (£5-£6.7m). read more »