News Details
Brown admits: 'I don't believe that was intentional from Red Bull'
The introduction of the budget cap provides a learning experience for all teams. Indeed, money has to be handled differently. McLaren CEO Zak Brown admits that Red Bull Racing did not exceed the budget cap on purpose. McLaren itself has also experienced the difficulty of allocating resources properly. Article continues under ad In 2021, Formula 1 teams had to adhere to the budget cap for the first time. The cap was set at $145 million and many teams had to fire a lot of staff ahead of the new season. Red Bull was found guilty earlier this season of exceeding the 2021 budget cap by $2.2 million. The team was penalised with a $7 million fine and a 10 per cent loss of wind tunnel time for...
Full Story »
Full Story »
1mo ago from GPBlog.com
0
You May Also Be Interested In...
‘My god': FIA president reveals ex-Mercedes...
Following Max Verstappen's 15th victory of the 2022 season, another year...
2mo ago from Formula1News.co.uk
Red Bull welcomes Ricciardo home for 2023
He's back home where it all began. Daniel Ricciardo heads into 2023 with a...
2mo ago from TheParcFerme.com
Christian Horner makes Red Bull admission as he echoes...
2022 has certainly been Red Bull's season, with the side having...
2mo ago from Formula1News.co.uk
Red Bull provide update on Porsche buyout
After months of speculation, Audi will be joining Formula 1 in 2026 as...
2mo ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin's bombshell: “Open to moving” - so...
No description available...
13h ago from Crash.net
Bad news for Marquez’s bike? Test rider admits:...
No description available...
18h ago from Crash.net
Marquez rips open Rossi feud: “The way Valentino...
No description available...
23h ago from Crash.net
Zarco reveals why he ditched his manager: “To find a...
No description available...
14h ago from Crash.net
Popular On IndyCarToday.com
Pedersen’s number changed to avoid ‘reprehensible...
AJ Foyt Racing has announced that Benjamin Pedersen’s car number will be...
6h ago from MotorsportWeek.c...
AJ Foyt Racing switches number to avoid controversy
'After the reveal of the No. 88 livery last week, it was brought to our...
8h ago from SpeedCafe.com
Number change on Foyt’s entry for IndyCar rookie...
No description available...
10h ago from Motorsport.com
McLaren completes IndyCar livery unveils
The McLaren IndyCar Team has completed its 2023 livery unveils with the...
1d ago from SpeedCafe.com
Popular On TotalWRC.com
WRC developing experimental propulsion class
No description available...
15h ago from Motorsport.com
Abiteboul identifies first tasks as Hyundai WRC boss
No description available...
1d ago from Motorsport.com
Rally1 manufacturers to contest national rally events
The three major Rally1 teams are going to run their cars in national rally...
2d ago from MotorsportWeek.c...
Rally USA a potential contender to join WRC in 2024
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'It's a big concern' - Roy Keane highlights worrying...
No description available...
38m ago from SportsKeeda.com
Arsenal will test Premier League side's resolve with...
Arsenal are keen on signing the Brighton midfielder Moises Caicedo before...
58m ago from CaughtOffside.com
Arsenal agree £180k-a-week deal with versatile star
Arsenal attacker Gabriel Martinelli has reportedly agreed to a new...
28m ago from CaughtOffside.com
'He will have an MRI scan' - Mikel Arteta confirms...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
F1 2023 preview: Alpine F1 Team
There is little doubt that the Alpine F1 team was... Read More »
58m ago from SpeedCafe.com
Red Bull Racing shares preliminary images of the RB19
Red Bull Racing will come out with its new livery... Read More »
19h ago from GPBlog.com
Williams driver reveals why he has departed the team ahead...
Unfortunately for Jack Aitken, the Williams... Read More »
18m ago from Formula1News.co.uk
