Red Bull fined £6m by FIA over Formula One budget cap breach in 2021 season

The FIA confirmed that the team, which carried Max Verstappen to a contentious championship victory over Lewis Hamilton last year, overspent by £1.86m. Red Bull have entered into a so called Accepted Breach Agreement with the FIA which will also see their aerodynamic testing time reduced by 10% next year. The deal, which ensures Red Bull lose any right to appeal, avoids the team risking a harsher punishment, which could have included the deduction of championship points, and Hamilton being instated as last year’s title winner. “In these circumstances, the Cost Cap Administration offered to RBR an ABA to resolve this matter.

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