![]() ![]() ![]() In this scenario, a team accepts its guilt and the FIA imposes a penalty it deems appropriate. In addition to the potential of an appeal, Red Bull also have the opportunity to enter into a 'settlement agreement' with the FIA. Anything other than compliance we'll be extremely surprised at." We wait for the FIA to conclude their process and we wait to see what comes out. "So we've been shocked at the speculation and accusations that have been made by other teams. "We're very confident we're within the cap and within those financial regulations," Horner told BBC Radio 4's Today programme. Williams were also found guilty of this and fined $25,000 earlier this year.Įarlier on Monday, Red Bull team principal Christian Horner repeated his belief that the team were under the cap in 2021, a season in which Red Bull driver Max Verstappen won a close championship fight with Mercedes driver Lewis Hamilton in controversial circumstances at the final race of the year. The FIA statement added: "With respect to this first year of the application of the financial regulations, the intervention of the FIA cost-cap administration has been limited to reviewing the submissions made by the competitors and that no full formal investigations were launched."Ī procedural breach is not an overspend, but rather a failure to fill in forms correctly. Potential penalties for a 'minor' breach include: a reprimand deduction of drivers' and/or constructors' championship points for the season in question suspension from one or more stages of a competition limitations on aerodynamic or other testing and a reduction of the team's cost cap. "Despite the 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."īoth teams have the possibility of appealing against the decision. The team added: "Our 2021 submission was below the cost-cap limit, so we need to carefully review the FIA's findings, as our belief remains that the relevant costs are under the 2021 cost-cap amount. Red Bull said in a statement that they noted the FIA's findings "with surprise and disappointment". It said it was "currently determining appropriate action". The FIA did not reveal the amount by which Red Bull exceeded the cap, how it had done so, or what penalties would be applied. "We have had plenty of good people join us to replace those people that left, we've had plenty of really strong people promoted within the organisation," he said at an engine presentation on Saturday.This means the team exceeded the cap by less than 5%, or $7.25m.īoth Red Bull and Aston Martin were also found guilty of a procedural breach of the cap. Mercedes HPP managing director Hywel Thomas told reporters there was no problem with people leaving. Renault, with a team at Enstone, build their engines in France, while Audi's power unit plant is in Germany, Ferrari's is in Italy and Honda's assembly is in Japan. The Red Bull operation is the first time since Cosworth were competing in the early years of the century that Mercedes have had a rival engine manufacturer so close at hand. Some of them were retired in our organisation and ended up there in a leading position, but that's fine. "The people they've hired, we wish them the best. We have a constant influx of Red Bull people, as we have from the other teams. ![]() "You know, we are not bragging about any people that have joined us from Red Bull. "HPP has 1,000 employees and lost some to Red Bull in the same way we lost some to Ferrari, and we lost some to Renault, and indeed the other way around," said Mercedes team boss Toto Wolff at the British Grand Prix. Red Bull have since been on top and have set up their own power unit operation for a new engine era from 2026 with several senior employees hired from Mercedes AMG High Performance Powertrains (HPP).Īudi, who are taking over the Sauber team, are building an engine while Honda, Ferrari and Renault are also on the lookout for staff. Mercedes won eight successive constructors' titles from 2014 to 2021 when they had what was considered the sport's best engine. SILVERSTONE, England, July 8 (Reuters) - Once-dominant Mercedes have played down the impact of staff leaving their Formula One engine division to join Red Bull's new powertrains company and other rival manufacturers. ![]()
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