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Latest F1 news about: Million

1

Wolff: Reputation damage from breaking F1 cost cap enough of a deterrent

over 3 years ago

from: Autosport.com

( 925 views )

Red Bull's breach of the cost cap limit in 2021 triggered a major controversy within F1 recently, with opinions divided in the paddock about how extreme the sanctions... read more »

1

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

over 3 years ago

from: Autosport.com

( 2654 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 »

15

Hakkinen: Bad publicity will stop F1 teams from breaching cost cap again

over 3 years ago

from: MotorSportWeek.com

( 1098 views )

Two-time Formula 1 World Champion Mika Hakkinen believes the negative publicity that Red Bull received following its cost cap breach will be enough to deter teams from... read more »

15

Villeneuve claims Red Bull’s F1 cost cap breach was ‘not cheating’

over 3 years ago

from: MotorSportWeek.com

( 1005 views )

1997 Formula 1 World Champion Jacques Villeneuve believes that Red Bull’s cost cap breach shouldn’t fall under the category of cheating. Last month, the FIA confirmed that Red... read more »

1

Mercedes: Red Bull calling aero penalty "draconian" is "an exaggeration"

over 3 years ago

from: Autosport.com

( 1514 views )

Red Bull was hit with a £6 million fine and a 10% reduction in its aerodynamic testing allocation for the next 12 months after the FIA found it had breached the budget cap by... read more »

15

Ferrari disappointed by Red Bull’s ‘very limited’ F1 penalty

over 3 years ago

from: MotorSportWeek.com

( 998 views )

Ferrari has described Red Bull’s penalty for breaching Formula 1’s cost cap as "very limited", asserting it is not happy with the FIA’s ruling. On Friday, the FIA... read more »

15

Marko: Red Bull’s reduced F1 aero testing an ‘enormous disadvantage’

over 3 years ago

from: MotorSportWeek.com

( 959 views )

Red Bull advisor Dr Helmut Marko says the team has been issued an "enormous competitive disadvantage" after the FIA confirmed its penalty for breaching the cost cap... read more »

1

Ferrari unhappy with "very limited" impact of F1 cost cap penalty on Red Bull

over 3 years ago

from: Autosport.com

( 1107 views )

The FIA announced on Friday it had reached an Accepted Breach Agreement with Red Bull over its alleged breach of last year's financial regulations.The agreement saw Red... read more »

1

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

over 3 years ago

from: Autosport.com

( 1272 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

over 3 years ago

from: MotorSportWeek.com

( 842 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

Wolff reacts as Red Bull issued F1 cost cap punishment

over 3 years ago

from: MotorSportWeek.com

( 1085 views )

Toto Wolff has provided comments on the recent ruling from the FIA, who punished Red Bull for breaching the sport’s budget cap last year. On Friday, it confirmed that Red Bull... read more »

1

Wolff: Red Bull F1 cost cap breach penalty "too little"

over 3 years ago

from: Autosport.com

( 941 views )

It was announced today that Red Bull had signed an Accepted Breach Agreement with the governing body.As a result, it has been docked 10% of its aero testing for 12 months from... read more »

1

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

over 3 years ago

from: Autosport.com

( 936 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"

over 3 years ago

from: Autosport.com

( 1018 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

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

over 3 years ago

from: Autosport.com

( 1710 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 handed $7 million fine, 10 percent windtunnel reduction for budget cap breach

over 3 years ago

from: EspnF1.com

( 718 views )

Red Bull has been handed a $7 million fine and a 10 percent reduction in windtunnel testing time for next season as punishment for breaching the 2021 budget cap. read more »

15

FIA confirms Red Bull penalty for F1 budget cap breach

over 3 years ago

from: MotorSportWeek.com

( 1109 views )

The FIA has confirmed that Red Bull has been issued a fine of $7 million and will have a 10 per cent time decrease to allocate to aerodynamic development in 2023 for breaching... read more »

15

Opinion: The FIA is facing a tough budget cap test

over 3 years ago

from: MotorSportWeek.com

( 1208 views )

Formula 1 is no stranger to controversial storylines, and 2022 has proven to be no different, with the recent emergence that Red Bull didn't comply with the budget cap... read more »

15

Horner slams Brown’s ‘shocking’ letter to FIA amid cost cap row

over 3 years ago

from: MotorSportWeek.com

( 1145 views )

Red Bull team boss Christian Horner has hit out at Zak Brown and the letter he sent to the FIA, in which the McLaren boss asserted that breaching the sport’s $145 million... read more »

1

Red Bull: Alleged F1 overspend had "zero benefit", "appalled" by cheating suggestions

over 3 years ago

from: Autosport.com

( 1282 views )

Red Bull is currently in talks with the FIA over a potential Accepted Breach Agreement after F1's governing body revealed last week that the team was in breach of the $145... read more »

1

Steiner calls for F1 budget cap rules rethink for minor overspends

over 3 years ago

from: Autosport.com

( 1087 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

Docking Verstappen’s 2021 points tally would be ‘stupid’ – Vettel

over 3 years ago

from: MotorSportWeek.com

( 805 views )

Sebastian Vettel has dismissed the idea of deducting Formula 1 championship points from Max Verstappen’s 2021 tally following Red Bull’s cost cap breach. The FIA recently... read more »

15

‘The facts will come out’ – Perez defends Red Bull amid F1 cost cap row

over 3 years ago

from: MotorSportWeek.com

( 859 views )

Sergio Perez has defended his Red Bull team amid the ongoing controversy regarding its Formula 1 cost cap breach. Following the Japanese Grand Prix earlier this month, the FIA... read more »

15

Brundle hits out at Red Bull F1 cost cap ‘mess’

over 3 years ago

from: MotorSportWeek.com

( 1490 views )

Ex-Formula 1 driver Martin Brundle has hit out at the budget cap "mess" that is currently engrossing the paddock. Following the Japanese Grand Prix earlier this... read more »

1

Verstappen: Red Bull has "strong belief" it was within F1 budget cap

over 3 years ago

from: Autosport.com

( 1465 views )

Following the Japanese Grand Prix, the FIA announced that its audit for the budget cap last year found Red Bull had exceeded the $145 million limit in place for the season.The... read more »