The FIA's Cost Cap Administration recognised Red Bull Racing (RBR) had cooperated throughout the review process, providing additional information and evidence when requested. "There is no ...

Fancy catering and energy drinks. Social security contributions and medical treatments for an employee that survived an illness. Those are some of the expenditures Red Bull claimed Friday it ...

Since the start of the month, two questions have been on the mind of nearly everyone in the Formula One paddock: Did Red Bull Racing breach the $145 million cost cap during the 2021 season?

Those are some of the expenditures Red Bull claimed Friday it improperly misrepresented when submitting its 2021 financial report. It led to a breach of Formula One’s spending cap, set at $145 ...

The Federation Internationale de l'Automobile announced Friday it levied a $7 million fine against Red Bull Racing for a violation of the FIA Formula 1 Financial Regulations. FIA's Cost Cap ...

The FIA has found that Red Bull exceeded the mandatory cost cap for the 2021 Formula 1 season. It has been confirmed that the championship-winning team committed a “minor breach” of the cost ...

Red Bull have put more money in at Leeds United despite a previous report stating the company's shareholding had been reduced below 10%.

The FIA has noted that Red Bull had a "procedural and minor overspend breach" in 2021. The FIA has previously noted that a "minor" overspend would be spending up to five percent of the budget.

When taking that into account if they had correctly applied for it, the FIA acknowledged that Red Bull would have breached the cost cap by 0.37% ($500,000). There were 13 areas in total that ...

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Lydia Mee is a contributing sports writer located in the West Midlands, England. Her focus is on F1 and NASCAR. She has in-depth knowledge of Motorsport as a whole. Lydia joined Newsweek in March ...