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

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...

Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...

Popular On GunnersToday.com

Another defensive injury increases January transfer...

Morning all. It's a bit mad to think that after spending so much during...
4h ago from Arseblog.com

Arsecast Extra Episode 671 – 15.12.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
22h ago from Arseblog.com

It's fine to to win and be annoyed

Morning all. It's the start of a new week, and now that the dust has...
1d ago from Arseblog.com

Comments

Hottest News

Portimao back on F1 calendar for 2027 and 2028

Formula 1 fans can start marking their calendars:... Read More »
1h ago from F1i.com

F1: Portugal returns to the F1 calendar

F1 will return to Portugal in 2027 and 2028 as... Read More »
1h ago from Pitpass.com

Norris overlooked as Brundle reveals his standout driver of...

Lando Norris may have ended the season as Formula... Read More »
3h ago from F1i.com

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.