Mexico City Grand Prix: Ferrari ‘not happy’ with size of Red Bull budget cap penalty

Ferrari say they are “not happy” with the penalty imposed on rivals Red Bull for breaking Formula 1’s budget cap. F1’s governing body the FIA said on Friday Red Bull had breached the cap in 2021 by £1.86m and imposed a $7m fine and 10% cut in aerodynamic research. Ferrari racing director Laurent Mekies said Red Bull’s breach was “a significant amount” and that “the real effect of the penalty is very limited”. Red Bull team boss Christian Horner described the penalty as “draconian”. This, he said, reduced the overspend from 1.6% to 0.37%. Horner said in an interview with BBC Sport: “For a 0.37% overspend, I think a 10% reduction is pretty draconian, that’s worth potentially quarter to half a second of a season’s development, has an impact on our performance next year and makes our challenge even greater as we head into 2023. Horner said: “We didn’t spend one penny of this money on making the car go faster.”. “Last year went down in history as one of the most titanic battles in F1 history.

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