FIA announced that Red Bull violated the rules of Formula 1 last year and that it spent more money than allowed. Formula 1 teams could spend a maximum of 145 million dollars last year, and Red Bull violated that and now faces a fine.
As the FIA ââannounced, Red Bull committed a "minor" overrun of the budget limit, and the entire case was referred to the FIA's Budget Limit Administration. A "minor" exceedance is up to five percent, and can be sanctioned in several ways: a public warning, deducting points from constructors or deducting points from drivers, limiting aero or another testing, and further reducing the budget for the following season.
This means in practice that even Max Verstappen could lose last year's title. At the end of the competition in 2021, the Dutchman had eight points more than the second-placed Lewis Hamilton, and the British driver could even be declared champion if the FIA ââtakes away eight or more points from Max.
However, the chances of that happening are really minimal, and Red Bull could receive one of the other penalties that are in circulation.
Toto Wolff's statement:
“I think the word (‘minor’) is probably not correct, because if you’re spending $5 million more and you’re still in minor breach, it still has an impact on the championship,” Mercedes boss Toto Wolff said when the allegations were first made public in Singapore.
“We know exactly that we are spending $3.5 million a year in parts that we bring to the car. Then you can say what difference it makes to spend another $500,000. It would be a big difference. Every spend more has a performance advantage”.
Lewis Hamilton said even $1 million would bring a significant amount of performance. “I remember in Silverstone [last year] we got our last update. I remember that was almost 0.3 seconds … and I’m pretty certain it cost less than $1 million,” he said.
“It’s so integral to the development race. If we’d had another half a million to spend, we would have been in a different position as some of the following races”.
“We note the findings by the FIA of ‘minor overspending breaches of the financial regulations’ with surprise and disappointment,” it said in a statement.
“Our 2021 submission was below the cost cap limit, so we need to carefully review the FIA’s finding as our belief remains that the relevant costs are under the 2021 cost cap amount. “Despite conjecture and positioning of others, there is of course a process under the regulations with the FIA which we will respectfully follow while we consider all the options available to us”.
Red Bull has the right to appeal and it is certain that they will use it no matter what punishment they receive.