News Details

Revealed: Surprising reason for Red Bull cost cap breach

A report has suggested that Red Bull exceeded last year’s budget cap by spending too much on catering for their employees. Last season, the FIA imposed a $145 million budget cap on the teams, who were also told to document their expenditure and submit the paperwork to the governing body. The hierarchy have since been looking over the files and making sure everything adds up, but a recent report indicated that they had found anything but. Red Bull and Aston Martin were implicated in a report that suggested two teams had overspent last season, and it accused Red Bull of spending as much as $155 million. READ: Max Verstappen didn’t believe he was World Champion Those estimations lowered...
Full Story »
Share

You May Also Be Interested In...

Guenther Steiner warns Ferrari and Mercedes against...

Wednesday is set to be judgement day for Red Bull and Aston Martin, as...
3y ago from Formula1News.co.uk

Red Bull set to be cleared over ‘minor' F1 cost...

Red Bull could be set to escape severe punishment for breaching last...
3y ago from MotorsportWeek.com

FIA won't punish Red Bull for its...

Sky Sports reporter, Ted Kravitz, does not believe we should expect to...
3y ago from Formula1News.co.uk

Lewis Hamilton calls for harsh penalty, admits Red...

Sir Lewis Hamilton has highlighted the significance of the FIA being...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou earns IndyCar pole at Barber

Saturday afternoon at Barber Motorsports Park was devoted to IndyCar...
11h ago from MotorsportWeek.c...

Will Power’s brake pedal went ‘to the floor’ in...

Will Power suffered a heavy crash in IndyCar qualifying, ending his...

Popular On TotalWRC.com

Popular On GunnersToday.com

Four players on offer as Man City prepare swap deal...

Manchester City are reportedly ready to offer players to Newcastle United...
2h ago from CaughtOffside.com

'This kid, you'll see him at the World Cup' – Owen...

Former Manchester United midfielder Owen Hargreaves has urged Arsenal to...
15m ago from SportsKeeda.com

'Max Dowman needs to leave Arsenal as soon as...

talkSPORT pundit Adrian Durham has urged Arsenal youngster Max Dowman to...
16h ago from SportsKeeda.com

Arsenal prepare 35m offer for La Liga 'match-winner'...

Arsenal and Tottenham Hotspur are interested in signing the Moroccan...
22h ago from CaughtOffside.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.