EXCLUSIVE: Red Bull found guilty after committing a minor breach of the £114m spending cap – but the decision will NOT hand Lewis Hamilton the 2021 F1 title

Red Bull have been found in ‘minor’ breach of Formula One’s cost cap. The FIA statement said: ‘The FIA cost cap administration has issued certificates of compliance to seven of the 10 competitors. ‘The FIA cost cap administration notes that all competitors acted at all times in a spirit of good faith and cooperation throughout the process. ‘The FIA would also note that with respect to this first year of the application of the financial regulations the intervention of the FIA cost cap administration has been limited to reviewing the submissions made by the competitors and that no full formal investigations were launched. ‘The FIA cost cap administration is currently determining the appropriate course of action to be taken under the financial regulations with respect to Aston Martin and Red Bull and further information will be communicated in compliance with the regulations.’.

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