News Details

Why Hakkinen believes no team would risk cost cap breach again

Article To news overview © XPBimages Former World Champion Mika Hakkinen says Red Bull's penalty for breaching Formula 1's cost cap will ensure that other teams will not contravene the sport's regulations in this way. After auditing the ten F1 teams' finances for the 2021 season, the FIA decreed that Red Bull had overspent the $145 million cost cap by about $1.8 million, after catering, sick pay, spare parts and tax problems pushed the team over the limit. For this, Red Bull have received a $7 million fine and had their wind tunnel and CFD allowance docked by 10 percent for next season. With F1's news cycle having been dominated by speculation over Red Bull's potential sanction for...
Full Story »
Share

You May Also Be Interested In...

Red Bull: $7m fine, 10% wind-tunnel reduction

Red Bull has been handed a $7 million fine and a 10% reduction in...
3y ago from espnF1.com

Red Bull handed $7m fine and wind tunnel penalty for...

ed Bull have been handed a $7million fine and restrictions on car...
3y ago from SkySports.com

Editors Desk: FIA opens can of worms with Red Bull F1...

Whoever thought that, with the FIA announcing Red Bull's sentence for...
3y ago from GrandPrix247.com

McLaren hit out at FIA over Red Bull punishment

The FIA confirmed on Friday that Red Bull will be fined $7m and have...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar looking to add ‘more events, not just...

IndyCar has identified a need to make sure future races on the calendar...

JHR retains Sting Ray Robb for second season

Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...

Aggressive testing schedule planned ahead of Mick...

Following confirmation Mick Schumacher will make a switch to IndyCar next...

Popular On TotalWRC.com

Popular On GunnersToday.com

Club Brugge vs Arsenal Prediction and Betting Tips |...

Club Brugge and Arsenal will battle for three points in a UEFA Champions...
1h ago from SportsKeeda.com

Injuries testing Arsenal's depth as 'clusters' take a...

The manner of Arsenal's defeat to Aston Villa, sealed with effectively the...
14h ago from SkySports.com

'When you want to achieve something, you have to be...

Former Arsenal attacker Lukas Podolski has urged his former club to...
18h ago from SportsKeeda.com

Liverpool and Arsenal interested in signing...

Liverpool and Arsenal are reportedly interested in signing Paris...
18h ago from SportsKeeda.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.