Ferrari believes Red Bull's penalty for breaching the 2021 budget cap does not do enough to address the performance gains the team could have made from overspending. read more »

Ferrari has described Red Bull’s penalty for breaching Formula 1’s cost cap as "very limited", asserting it is not happy with the FIA’s ruling. On Friday, the FIA... read more »

Ferrari say they are "not happy" with the penalty imposed on rivals Red Bull for breaking Formula 1's budget cap. read more »

Ferrari racing director Laurent Lekies has claimed Ferrari is "not happy" with the "very limited" FIA penalty handed to Red Bull for breaching budget cap... read more »

Red Bull advisor Dr Helmut Marko says the team has been issued an "enormous competitive disadvantage" after the FIA confirmed its penalty for breaching the cost cap... read more »

The FIA announced on Friday it had reached an Accepted Breach Agreement with Red Bull over its alleged breach of last year's financial regulations.The agreement saw Red... read more »

Charles Leclerc has accepted his crash in FP2 at the Mexico City Grand Prix was "my fault" but is confident of avoiding further hurt this weekend. read more »

Alpine team principal Otmar Szafnauer has questioned the claims of Christian Horner after his Red Bull counterpart suggested major issues with its penalty for breaching... read more »

Christian Horner has claimed Red Bull's rivals would not have been happy with his team's budget cap penalty if the FIA had suggested burning down its windtunnel. read more »

Kevin Magnussen is set to serve a grid penalty at this weekend’s Mexico City Grand Prix for taking on a new Internal Combustion Engine (ICE). Towards the end of the opening... read more »

McLaren team principal Andreas Seidl does not believe the FIA's penalty for Red Bull fits their breach of the F1 cost cap.  read more »

Mercedes team principal Toto Wolff believes the FIA were correct in punishing Red Bull for breaching the F1 cost cap.  read more »

Alonso was originally given a post-race 30-second time penalty after a protest by Haas that claimed the Spaniard's car was in a dangerous condition after he drove for many... read more »

Mercedes team principal Toto Wolff has dismissed breaching F1's budget cap in the future as he fears the "reputational damage" would outweigh any sporting or... read more »

Red Bull team principal Christian Horner believes his team is owed an apology for the way it was treated following its breach of last year's budget cap, but said it would... read more »

It was announced today that Red Bull had signed an Accepted Breach Agreement with the governing body.As a result, it has been docked 10% of its aero testing for 12 months from... read more »

Christian Horner says Red Bull "begrudgingly" accepted their F1 cost cap punishment for "everyone's interest" in the sport.  read more »

Red Bull boss Christian Horner has labelled his team's budget cap sanction as "enormous" and "draconian" but says the squad has accepted its penalty.... read more »

Christian Horner has slated the FIA's penalty for a budget cap overspend "as hugely draconian" that will have a dramatic effect on Red Bull's F1 title... read more »

The FIA announced on Friday that it had struck an Accepted Breach Agreement with Red Bull after finding it had exceeded the $145 million cost cap through 2021.Red Bull was... read more »

Christian Horner says Red Bull's F1 cost cap penalty is "hugely draconian" and will cost the team somewhere between 0.25 and 0.5 seconds in lap time performance... read more »

Here is the FIA's report in full:An Accepted Breach Agreement ("ABA") dated 25 October 2022 has been entered into by the Cost Cap Administration and AMR GP... read more »

The governing body reports that the team "inaccurately excluded and/or adjusted costs amounting to a total of £5,607,000" in the submission it made in March last year... read more »

The FIA has confirmed Aston Martin’s penalty for a procedural breach of the 2021 budget cap, with the team issued a fine of $450,000. An Accepted Breach Agreement (ABA) was... read more »

Here is the FIA's report in full:An Accepted Breach Agreement ("ABA") dated 26 October 2022 has been entered into by the Cost Cap Administration and Red Bull... read more »