Seven-time Formula 1 World Champion Lewis Hamilton says the FIA must avoid giving Red Bull a "slap on the wrist" for breaching the 2021 budget cap. Following the... read more »

F1 is currently waiting to hear from the FIA about any potential action against Red Bull after the team was deemed to have breached the $145 million budget cap for the 2021... read more »

Valtteri Bottas says he hopes Red Bull will be delivered a penalty that "hurts" after the FIA found it had breached last year's budget cap. Red Bull was found... read more »

Earlier this month, the FIA confirmed that Red Bull was guilty of a "minor" overspend of last year’s Formula 1 budget cap. It is not yet clear exactly how much the... read more »

Mercedes is prepared to breach Formula 1's budget cap if Red Bull isn't issued a severe penalty, team boss Toto Wolff has warned.  Earlier this week, the FIA... read more »

Pierre Gasly's contract details have been revealed in a French report ahead of his switch to the Alpine Formula 1 team in 2023. According to Sportune.fr, Gasly will take... read more »

Pierre Gasly will reportedly pocket an estimated €15 million (£13.2m) when he moves to Alpine next season. read more »

Ex-Formula 1 driver Martin Brundle says that any punishment relating to a cost cap breach must "hurt" the guilty party. On Monday, the FIA announced that two teams... read more »

But what is crystal clear is that while the labelling of Red Bull's overspend has been officially classified as a "minor" breach, its opposition sees it as... read more »

Red Bull have been found to have exceeded the implemented $145 million cost cap during the 2021 Formula 1 season, and are now waiting to see what kind of penalty will come... read more »

The Red Bull Formula 1 team remains confident that it didn't overspend last year's $145 million budget cap, stating it is "surprised" by the FIA's... read more »

Following intense speculation since the Singapore Grand Prix that two squads had been found to have spent more than the circa $145 million limit in 2021, motor racing's... read more »

The FIA has confirmed that the Red Bull Formula 1 team breached the 2021 budget cap, which was set at $145 million. Aston Martin also overspent the budget quota, however their... read more »

Ferrari team boss Mattia Binotto says the FIA's decision to delay its budget cap review gives truth to the suggestions that some teams were in breach of the regulations.... read more »

Rumours emerged in Singapore last week that two teams - Red Bull and Aston Martin - may have breached the $145 million budget cap for 2021 as the FIA prepared to issue... read more »

The FIA has been completing its audit of each F1 team's financial submission for the 2021 season in recent months, judging if each outfit complied with the $145 million... read more »

After several delays, the FIA is due to announce on Monday its findings in the audits of F1 team spending last year.Those outfits who were below the $145 million limit will be... read more »

Following speculation over the Singapore Grand Prix weekend that two teams - Red Bull and Aston Martin - may have breached the $145 million cost cap for 2021, the F1 paddock... read more »

After months of analysis and a number of delays, the FIA is finally due to announce the results of its audit into F1 teams' finances for the 2021 world championship.This... read more »

Red Bull could be set to escape severe punishment for breaching last year's budget cap in Formula 1, with a report stating that its overspend was 'minor'. In... read more »

Former F1 boss Bernie Ecclestone will appear in court next year after being charged with a single count of fraud worth over £400 million. read more »

Ex-Formula 1 CEO Bernie Ecclestone will stand trial in October next year after being charged with a single count of fraud worth over £400 million. In July earlier this year,... read more »

Ex-Formula One boss Bernie Ecclestone faces trial in October next year accused of failing to declare more than £400 million in a trust in Singapore to the Government. read more »

Ferrari race director Laurent Mekies says the FIA's investigation into every Formula 1 team's expenses under the cost cap will be a "vital test" for the... read more »

The Singapore Grand Prix weekend was awash with speculation that two F1 teams have broken last year's $145 million budget cap limit and could face sanctions from the... read more »