Following the audit of the first year of F1's financial regulations in 2021, Red Bull was found to have exceeded the $145 million budget cap by 1.6%, resulting in a $7m fine and a 10% reduction in its aerodynamic testing for 12 months.
The sanction drew mixed reactions from the F1 paddock. While Red Bull labelled the penalty "draconian" and "enormous", Ferrari sporting director Laurent Mekies ...Keep reading
Read more: Vasseur wants quicker, stricter action for future F1 cost cap breaches - Motorsport.com
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