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Did Red Bull breach the budget cap in 2021?
Article To news overview © RN365/Michael Potts Media outlets from Germany and Italy have reported that Red Bull and Aston Martin breached F1's budget cap in 2021. In an effort to reduce costs associated with Formula 1, the sport introduced its first ever set of financial regulations in 2020, limiting teams to spending $145 per season from 2021, with that figure decreasing by a further $5 million over the following two years. But with the first financial results of F1 teams in 2021 to be released next week, Germany's Auto, Motor und Sport and the Gazzetta dello Sport of Italy have both reported that Red Bull and Aston Martin spent more than their permitted allowance last year. Viewed by...
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3y ago from RacingNews365.com
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