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Latest F1 news about: Financial

1

Autosport Podcast: Red Bull's F1 cost cap punishment explained

over 3 years ago

from: Autosport.com

( 883 views )

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

6

FIA hands Red Bull and Aston Martin fine for breach of 2021 Financial Regulations

over 3 years ago

from: F1Technical.net

( 829 views )

The FIA has handed Red Bull Racing and Aston Martin a fine after striking an agreement over their Formula 1 budget cap breach and procedural breach in 2021. read more »

1

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

over 3 years ago

from: Autosport.com

( 921 views )

Here is the FIA's report in full:An Accepted Breach Agreement ("ABA") dated 25 October 2022 has been entered into by the Cost Cap Administration and AMR GP... read more »

1

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

over 3 years ago

from: Autosport.com

( 803 views )

The governing body reports that the team "inaccurately excluded and/or adjusted costs amounting to a total of £5,607,000" in the submission it made in March last year... read more »

1

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

over 3 years ago

from: Autosport.com

( 1455 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 »

35

BREAKING: Aston Martin fined over budget cap breach

over 3 years ago

from: GPfans.com

( 665 views )

Aston Martin has been handed a $450,000 [£388,217] fine for a procedural breach of financial regulations. read more »

1

Full FIA report on Red Bull F1 cost cap breach and penalty

over 3 years ago

from: Autosport.com

( 901 views )

Here is the FIA's report in full:An Accepted Breach Agreement ("ABA") dated 26 October 2022 has been entered into by the Cost Cap Administration and Red Bull... read more »

1

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

over 3 years ago

from: Autosport.com

( 1616 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 »

3

Red Bull's budget cap penalty to be revealed on Friday

over 3 years ago

from: EspnF1.com

( 709 views )

The budget cap row that has hung over Formula One for the last three races will finally come to a head on Friday, with the FIA set to announce Red Bull's punishment for... read more »

35

Red Bull sporting penalty demanded in "crucial" FIA budget cap ruling

over 3 years ago

from: GPfans.com

( 1057 views )

Alfa Romeo team principal Fred Vasseur has deemed it "crucial" that Red Bull is handed a sporting penalty and not just a financial sanction for its budget cap breach. read more »

1

Hamilton welcomes F1's female support series, but wants greater diversity push

over 3 years ago

from: Autosport.com

( 915 views )

Hamilton addressed the subject of encouraging female racing drivers in Austin on Thursday, suggesting that the F1 organisation could do more to save the W Series, which is... read more »

1

Aston Martin close to agreeing F1 cost cap penalty with FIA

over 3 years ago

from: Autosport.com

( 915 views )

The team was named recently by the FIA alongside Red Bull Racing and Williams as having failed to fully comply with the 2021 financial regulations.However while Red Bull was... read more »

11

Dietrich Mateschitz: Red Bull punishment for breaking F1 rules delayed after co-owner death

over 3 years ago

from: BBC.co.uk/F1

( 779 views )

Red Bull's punishment for breaking Formula 1's financial rules is on hold following the death of the team's co-owner Dietrich Mateschitz. read more »

1

Steiner calls for F1 budget cap rules rethink for minor overspends

over 3 years ago

from: Autosport.com

( 1023 views )

The FIA announced last week that Red Bull was deemed to have breached the $145 million budget cap last year, something the team has strongly denied.The findings from the... read more »

15

F1 reportedly working to form all-new female racing category

over 3 years ago

from: MotorSportWeek.com

( 1230 views )

Formula 1 is currently working on forming an all-new racing category, open exclusively for female drivers to provide them with a pathway to top-level racing. The news comes... read more »

35

Perez warns Red Bull "facts will come out"

over 3 years ago

from: GPfans.com

( 654 views )

Sergio Perez has warned "the facts will come out" while backing Red Bull after the team was judged to have breached the F1 financial regulations. read more »

9

Alonso on Red Bull: "They won by exploiting a grey area"

over 3 years ago

from: Crash.Net

( 903 views )

Fernando Alonso has remembered losing two title battles to Red Bull's Sebastian Vettel and insisted that financial disputes have "always been a part of F1". read more »

3

Budget cap breach amounts to cheating - McLaren boss Zak Brown

over 3 years ago

from: EspnF1.com

( 968 views )

Formula One teams who spend more than allowed by the rules are effectively cheating and should face stiff sporting and financial penalties, McLaren boss Zak Brown wrote to FIA,... read more »

15

Brown: Financial penalty not enough for F1 budget cap breach

over 3 years ago

from: MotorSportWeek.com

( 714 views )

McLaren CEO Zak Brown is reported to have sent a letter to the FIA in which he has called for a penalty that is more severe than a fine for teams that exceeded Formula 1’s... read more »

9

Mercedes prepared to overspend if Red Bull aren't punished for minor breach

over 3 years ago

from: Crash.Net

( 867 views )

Mercedes boss Toto Wolff says his team are prepared to overspend if Red Bull aren't punished severely for their minor breach of F1's financial regulations. read more »

3

W Series cancels three remaining races due to financial difficulties

over 3 years ago

from: EspnF1.com

( 925 views )

The all-woman W Series cancelled its remaining three races in the United States and Mexico for financial reasons on Monday and declared Britain's Jamie Chadwick champion... read more »

9

F1 cost cap rules 'need tightening up', penalty must "hurt" - Brundle

over 3 years ago

from: Crash.Net

( 899 views )

Martin Brundle says F1's cost cap rules need "tightening up" after Red Bull were found guilty of breaking the 2021 financial regulations.  read more »

6

Red Bull found to have exceeded 2021 buget cap

over 3 years ago

from: F1Technical.net

( 2620 views )

The FIA have announced that two teams have breached the 2021 Financial Regulations. Following a thorough investigation and amidst big rumours during the Singapore Grand Prix,... read more »

1

Red Bull 'surprised, disappointed' at F1 cost cap breach verdict

over 3 years ago

from: Autosport.com

( 2245 views )

After some delay, the FIA announced on Monday afternoon that Red Bull had breached F1's financial regulations with a "minor overspend" of the $145m dollar 2021... read more »

1

What happens now with F1's cost cap rule breakers?

over 3 years ago

from: Autosport.com

( 1088 views )

But rather than this being the end of a process that has already been under the spotlight for a while, what happens next is potentially more intriguing as the governing body... read more »