According to Autosport, Red Bull Racing has reached an agreement with the FIA regarding the budget cap breach and the details will be revealed to the public on Friday, ahead of the Mexican Grand Prix.
By accepting the Breach Agreement, Red Bull basically confirms that it acknowledges any wrongdoing and accepts any penalties. Aston Martin has also agreed an ABA for its less serious procedural breach, and details of both sanctions should be made public tomorrow, when the FIA will also provide details about the areas that are in dispute for both teams as well as the sanctions for each of them.
Red Bull team principal Christian Horner had several meetings with FIA president Mohammed Ben Sulayem during the last weekend in Austin, yet officially any such discussion was not directed to the budget cap matter, as it would fall outside the official legal process.
Talks were put on hold for a few days following the passing away of Red Bull co-founder Dietrich Mateschitz, but were concluded today, as reported by Autosport.
Red Bull has been guilty of both a procedural breach and a “minor” budget cap overspend, that is said to be in the region of $1.8m. As a result, the Austrian side should be given a financial penalty, as well as a sporting one. It is believed that the latter will involve a reduction in aero testing ahead of the next Formula 1 championship. Given the fact that Red Bull has won the constructors’ titles in 2022, they will already have less windtunnel time and CFD usage than any of its rivals based on the aero testing restriction regulations.
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For Red Bull, the matters that were under debate are believed to include catering at the factory and feeding employees who were not under the cap, sick pay and redundancy issues, and how to deal with leftover spare parts after the previous F1 campaign, as well as their allocation to the heritage department. It’s believed that there may also be a tax matter.
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