Red Bull would have accepted the FIA punishment and it will be announced before the activity on the track of the Mexican GP
The budget ceiling of the Formula 1 over the last three races will finally come to a head on Friday, with the FIA ready to announce the punishment to Red Bull for violating financial regulations last year.
A press conference has been called in Mexico at 11:30 a.m. Friday to address the issue, which is expected to reveal details of an agreed agreement between the FIA Y RedBull.
According to the financial regulations of the FIAteams may enter into an agreement with the governing body after a minor budget cap infraction (less than five percent), but must agree to the terms of the sanction of the FIA and acknowledge that they have broken the rules. The settlement means the case will not go to the Cost Cap Adjudication Panel, which could result in a more severe sanction.
The deal is likely to include a financial penalty as well as a sporting one, which is believed to be a restriction on the team’s aerodynamic testing capacity for next year. Stripping the team of points or titles was never a serious consideration, but a reduction in aero testing for next year represents a significant penalty in terms of development, as Red Bull already has the smallest quota available on the aerodynamic testing sliding scale of the F1 for the next year, this in accordance with the sports regulations –the champion has less time to test and so on-.
On October 10 the FIA announced that Red Bull he had committed a minor offense and has been in talks with the team about the details ever since. The discussions were briefly suspended last weekend in the United States Grand Prix After the death of the co-owner of Red Bull, Dietrich Mateschitz.
Red Bull would have spent $1.8 million over last year’s $145 million budget cap, but the organization argued it did not intend to exceed the cap and questioned how the audit of the FIA accounted for certain items. Team sources also noted that the failure to claim a $1.4 million refund from the tax authorities of the United Kingdom as one of the main reasons for overspending compared to rival teams.
Non-compliance with the budget limit by Red Bull has been a controversial issue in the paddock of the F1and many suggested that he would have given Max Verstappen an advantage in their narrow championship win over Lewis Hamilton Last season. Some teams have also claimed that excessive spending last year would have offered a competitive advantage in the development process for this year’s car.
“It’s a bit frustrating,” he said. Max Verstappen Thursday when asked about the impact the dispute over the cost cap had on him. “For our part, we feel that we are not wrong, but there are only a few things included in the budget cap that are very unexpected.
“We’ll have to deal with that, but at the end of the day it’s not up to me to decide what’s right.”