Small fine, reduction in wind tunnel time is first penalty handed down in Formula 1's cost cap era.
Red Bull Racing was found to have breached the 2021 Financial Regulations in what is termed as a"minor overspend breach."The FIA on Friday announced a $7 million fine and a 10% reduction in aerodynamic testing time to Red Bull for the breach.
Under the regulations Red Bull Racing was able to enter negotiations with governing body the FIA over an Accepted Breach Agreement.That requires an acceptance of guilt from the team involved but means strict penalties—such as points deductions or suspensions—are no longer considered, as would be feasible if the process went as far as the formal cost cap adjudication process.
Red Bull faced the possibility of a points penalty that could have cost it the 2021 Drivers’ Championship. Max Verstappen topped Lewis Hamilton by just eight points for the title.The FIA noted 13 areas in which Red Bull Racing had inaccurately excluded costs, relating to social security contributions, apprenticeship levies and a clerical error in relation to certain costs re-charged to Red Bull Powertrains, among other transgressions.
Under the system the World Champions receive 70% of the mean wind tunnel and Computational Fluid Dynamics testing time, but Red Bull Racing will be docked 10%.
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