H FIA announced that the Red Bull exceeded the spending cap for 2021, but without making known the punishment it will impose on the Austrian team.
However, the breach was less than 5% of the $145 million set as the FIA’s spending cap, which is why Red Bull is also expected to be fined fine and not any deduction of points from last year’s Formula 1 championship.
At the same time, it was announced that Aston Martin violated the process of submitting her data, but remained within the financial limits, while the Williams found to have committed an earlier procedural violation, which was subsequently timely remedied.
“The relevant FIA service is in the process of determining the actions to be taken in accordance with the financial regulations regarding Aston Martin and Red Bull and further information will be communicated in accordance with the regulations.”is characteristically stated in its announcement International Automobile Federation.
FIA completes review under the 2021 FIA Formula 1 Financial Regulations https://t.co/ShX1dIuttZ
— FIA (@fia) October 10, 2022
Follow News Bulletin 247 on Google News to be the first to learn the latest news .
I have worked in the news industry for over 10 years. I have been an author at News Bulletin 247 for the past 2 years. I mostly cover politics news. I am a highly experienced and respected journalist. I have won numerous awards for my work.