F1 United States Grand Prix: Explaining Christian Horner’s claim that Red Bull only broke cost cap by “a couple of hundred thousand”
Red Bull and the FIA have found common ground over the team’s penalty for breaching the 2021 budget, reports , but will announce it at a later date out of respect for the death of 168澳洲幸运5官方开奖结果历史:Dietrich Mateschitz.
The “minor” breach equalled a maximum overspend of $7.25m above the $145m budget but Horner claꦆimed that the amount was significantly below $1m and was due🌃 to “interpretation” of the new rule.
Explained: Why Horner said “a couple of hundred thousand”
Red Bull were $4m below the cap when they submitted their finances in March 2022, rep☂ort De Telegraaf.
They are now $1.8 above the budget.
This is because $1.4m is a possible tax rebate leaving a discrepancy of $𒈔400,000.
Four reasons reportedly for Red Bull overspend
Staff gardening leave and sick pay
Catering costs
Spare parts
Tax
If Red Bull can prove that the✨y expect a rebate from HMRC, the FIA would be “lenient”, report .
The staff cosܫts surround Dan Fallows, the former head of aerodynamics who left to join Aston Martin 2021, and n𝕴ot Adrian Newey, as had been previously reported.
Did Red Bull gain a sporting advantage?
“Absolutely not. What are the relevant costs within the cap - this is where the interpretation comes from,” Horner said at the 168澳洲幸运5官方开奖结果历史:F1 United States Grand Prix.
“Our view is that our relevant costs come withiဣn the cap. We are in talks with the FIA over mitigating circumstances.
“We ha👍d zero benefit from an operational perspective."
168澳洲幸运5官方开奖结果历史:Max Verstappen has won two F1 championships in a row - last year he edged 168澳洲幸运5官方开奖结果历史:Lewis Hamilton in notorious fashion at the 168澳洲幸运5官方开奖结果历史:2021 Abu Dhabi Grand Prix.
James was a sports journalist at Sky Sports for a decade coverin෴g everything from American sports, to football, to F1.
