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Red Bull ready to reveal budget cap penalties
Oct.28 Red Bull is ready to reveal the details of an agreement it has reached with Formula 1's governing body over the penalty for the 2021 budget cap breach. The outcome of the saga had been expected to be finalised a week ago in Austin, but negotiations were still taking place when they were paused for the death of Dietrich Mateschitz. A new press conference, almost certainly to conclude the saga and the details of the penalties, has been called by Red Bull for 11.30am local time in Mexico. 'It is inevitable that there will be a penalty,' Christian Klien, a former Red Bull driver, told Kronen Zeitung newspaper. It is expected that the penalties will be a hefty fine and a potential 25...
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