All teams agreed on the role of the FIA as an expert in overseeing financial regulatory compliance. But when the FIA officially announced on October 10 that Red Bull was guilty of a “minor” cost overrun (no more than $7.25 million), the team expressed “surprise and disappointment”.
At the same time, we are talking about the 2021 season, when Max Verstappen won the first championship title and the team worked on the 2022 cars.
“We are surprised and disappointed with the FIA’s findings regarding ‘minor breaches of financial regulation’. Our declaration for 2021 was below the spending ceiling. We need to take a closer look at the FIA’s findings as we continue to believe costs were below the cap.
Despite the statements and versions of other teams, we respectfully follow the requirements of financial regulations while considering all available options to defend our position,” the team said in a statement.
Source: F1 News
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