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Verstappen brushes off cost cap penalty concerns
Article To news overview © XPBimages Max Verstappen says he is not concerned about the impact of Red Bull's Formula 1 cost cap penalty, but admits the team will need to be cautious about development time. After all 10 teams submitted their accounts for the 2021 season, it was revealed in autumn 2022 that Red Bull were the only squad to have gone over the $145 million limit imposed. As RacingNews365.com revealed, this was in four main areas including sick pay, spare parts and a tax credit problem with United Kingdom authorities. This initially put the team about $1.8 million over the limit, but after the FIA sought clarity on the tax credit situation and accepted this, the total overspend...
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1y ago from RacingNews365.com
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