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Cashgate: Red Bull break silence as Mattia Binotto demands robust penalty
Red Bull are currently enduring somewhat of a waiting game, as the Austrians await confirmation from the FIA over what their punishment will be for exceeding the 2021 budget cap. Following much speculation since the Singapore Grand Prix, the FIA confirmed for all the world last Monday that the current Constructors' leaders did indeed exceed the budget cap in its first ever season, after the concept was introduced in 2021. The purpose of the budget cap was to put a limit on how much each team could spend (£114 million), making for a more financially fair playing field and potentially a more competitive grid. The budget was there to be spent on the car itself (excluding...
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1y ago from Formula1News.co.uk
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