FIA could fine Red Bull for breaching Formula 1 financial regulations in 2021 – media

The International Automobile Federation (FIA) intends to open an investigation against the team “Red Bull ”, which violated the financial regulations in 2021, according to La Gazzetta dello Sport.

According to the publication, the racing team exceeded the $147.4 million limit in 2021. Official audit data from last year will be provided shortly. In the event of proven violation of the financial regulations, sanctions may be applied to the team. Red Bull will be able to avoid a hefty fine if the violation does not exceed 5% of the $147.4 million limit.

In 2021, Formula 1 had a financial regulation that required teams to incorporate their expenses of $147.4 million per season. From 2026, the limit will be 130 million.

The Austrian team takes first place in the constructors’ championship of the current Formula 1 season with 545 points.

The Gazzetta dello Sport

Source : MatchTV

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