News Details

Is Red Bull firing staff after Cashgate Scandal?

The dust appears to finally be settling on the ‘Cashgate' scandal, with Red Bull having revealed that there are 'lessons to be learnt' from the damaging saga. Following much speculation at the Singapore Grand Prix, it was then confirmed by the FIA after the Japanese Grand Prix that the Austrians had exceeded the 2021 budget cap, following a ‘minor' breach. It was announced that the Constructors' Champions were guilty of going $2.2 million beyond the $145 million limit; however, this is largely due to incorrect tax documentation. The FIA confirmed that the breach would've only been in the region of $500,000 had the side completed their tax documentation correctly, suggesting...
Full Story »
Share

You May Also Be Interested In...

Guenther Steiner outlines how FIA could've caused...

After a month full of foul-mouthed accusations, rule-breaking, and...
2y ago from Formula1News.co.uk

Red Bull announce signing of Chelsea FC target to...

It has been an extremely busy fortnight for Red Bull, following the...
2y ago from Formula1News.co.uk

Red Bull ‘suspended' three major upgrades amid...

2022 has been a year of sheer dominance by Red Bull and, crucially, Max...
2y ago from Formula1News.co.uk

Cashgate: Toto Wolff warns Red Bull and rivals of...

The 2021 cost cap was put in place to ensure that every team has a chance...
2y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia explains why it's ‘impossible'...

After failing to secure a podium at his Grand Prix at Mugello, Francesco...
20h ago from MotorsportWeek.c...

EU approves Liberty Media's purchase of MotoGP and...

Liberty Media has received unconditional approval from the European...

Popular On IndyCarToday.com

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...
10h ago from MotorsportWeek.c...

IndyCar Road America – Race Results

Road America was the scene of this weekend’s IndyCar event, and high...

Popular On TotalWRC.com

Rallies around the world: The ones not to miss – and...

Rallying is unlike any other motorsport. It doesn’t unfold on pristine...

Popular On GunnersToday.com

Arsenal hold positive talks with ‘most gifted'...

Arsenal are stepping up their efforts to land Real Madrid winger Rodrygo...
24m ago from CaughtOffside.com

£70m star pushing for Tottenham move despite Arsenal...

Crystal Palace attacking midfielder Eberechi Eze is reportedly pushing for...
1h ago from CaughtOffside.com

Jorrel Hato talks in London this week, waiting game...

Unconfirmed claims of Jorrel Hato talks this week I’m not overly...
24m ago from CaughtOffside.com

Ultimatum given: Striker target informs his club of...

Swedish striker Viktor Gyokeres has informed Sporting CP of his strong...
1h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.