Guenther Steiner says Red Bull did not receive a penalty for their budget cap breach that will 'really damage' them. F1
Red Bull settled for an ‘accepted breach agreement’ for a ‘minor overspend breach’ of the 2021 budget cap, which amounted to $2.2million minus mitigating factors, such as an unclaimed tax credit, that brought the figure down to just over $430,000.
Rival teams and Red Bull themselves gave a mixed response to the penalty. Red Bull team principal Christian Horner described it as “draconian”, while Alpine’s Otmar Szafnauer thought it was “fair” and “fitted the crime”. As the fine does not have to be incorporated into, or deducted from, their budget, it means Red Bull can still spend the same as everyone else, says Steiner.
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