• Loading stock data...
Thursday, January 9, 2025

Red Bull Boss: Six F1 Teams Broke Spending Rules

  • Red Bull principal Christian Horner believes six teams spent over F1’s cost cap in 2022.
  • Red Bull and Aston Martin were punished for doing so in 2021.
Red Bull Racing driver separates from Aston Martin competitor during Formula 1 race
Jerome Miron-USA TODAY Sports

Over half the Formula 1 teams may have blown past the cost cap, at least according to its leading team.

Red Bull principal Christian Horner said that inflation costs may have resulted in six of the 10 Formula 1 teams exceeding the cap in 2022.

F1 introduced a $145 million cap on team spending in 2021 to bring parity to the sport and improve profitability. It was lowered to $140 million in 2022, but F1 later added $1.2 million to account for an added race and may have adjusted the cap for inflation accordingly.

Red Bull was fined $7 million and had its wind-tunnel time reduced this season for violating the cap in 2021, and Aston Martin received a $450,000 fine for going over. The punishment has done little to slow down Red Bull, who has seen one of its drivers win all three races this season, and its other driver finishing second twice.

Red Bull races in Formula 1.

Formula 1 Open to Fourth U.S. Race

Formula 1 isn’t closing the door on a fourth U.S. race.
April 19, 2023

Ferrari team principal Fred Vasseur said that the Red Bull team has done quite well but is receiving long-term benefits from overspending — and that the punishment can’t cancel those out.

Mercedes driver George Russell believes Red Bull is purposefully holding back so that F1 doesn’t alter its regulations to make the sport more competitive.

“For sure, they’re holding back,” Russell said. “They’re almost embarrassed to show their full potential because the faster they seem globally, the more the sport is going to try and hold them back somehow.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

2024 NFL TV Ratings Fall 2%, Still Dominate TV Landscape

Regular-season ratings decline by 2.2% after last year’s growth.

Breaking the Ice: NHL Plans Outdoor Games for Florida, Defying the Heat

Special events are planned for early next year in Miami and Tampa.

Bears Grapple With Coaching Search, Stadium Plans, and Power Struggles

The NFL team relies heavily on president and CEO Kevin Warren.

The NBA’s Game of the Year Is Wednesday Night. Will Fans Watch?

OKC and Cleveland have the two best records in the NBA.

Featured Today

Jan 2, 2025; New Orleans, LA, USA; Notre Dame Fighting Irish head coach Marcus Freeman (R) reacts on the sidelines in the final minute against the Georgia Bulldogs during the fourth quarter at Caesars Superdome.

Amid Realignment Mania, Notre Dame Stayed Independent. It Paid Off

How the CFP semifinal-bound Fighting Irish made their business model work.
Ohio State wide receiver Jeremiah Smith (4) celebrates a first-down catch against Oregon during the 2025 Rose Bowl in Pasadena, Calif.
January 3, 2025

The Biggest Changes to College Sports Are Coming in 2025

Sweeping developments could affect the college sports foundation this year.
Dec 31, 2024; Chicago, Illinois, USA; Chicago Blackhawks center Connor Bedard (98) walks out to the rink before the Winter Classic against the St. Louis Blues at Wrigley Field
January 1, 2025

Glitzy NHL New Year’s Eve Winter Classic Showcased Connor Bedard’s Star Power

The business of Bedard—on full display—is crucial for the NHL.
Pop-Tarts bowl tropfy
December 27, 2024

‘I Want to Play in That Game’: How the Pop-Tarts Bowl Went..

The bowl has players saying, “I want to play in that game.”

Raiders Coaching Search Fuels Tom Brady Conflict Questions

Potential conflicts between part-owner, broadcasting roles again rise to the forefront.
Brent Rooker
January 7, 2025

A’s Keep Shelling Out Cash With Payroll Grievance Looming

They’ve never had a payroll eclipse $100 million but might have to.
Jan 29, 2024; Miami, Florida, USA; Miami Heat forward Jimmy Butler (22) is guarded by Phoenix Suns guard Bradley Beal (3) during the fourth quarter at Kaseya Center.
January 7, 2025

As Butler Eliminates Options, Heat Face Expensive Dilemma

Butler is in the middle of a seven-game suspension.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Dec 1, 2023; Phoenix, Arizona, USA; Phoenix Suns guard Bradley Beal (left) on the bench with forward Kevin Durant (center) and guard Devin Booker against the Denver Nuggets at Footprint Center.
January 6, 2025

Suns Bench a Third of League-High Payroll As Jimmy Butler Rumors Swirl

The Suns are outside of the play-in picture with a 16–18 record.
Jon Gruden
exclusive
January 2, 2025

Jon Gruden Expected to Be ‘Hot’ NFL Head Coaching Candidate Despite Suit,..

Gruden’s lawsuit isn’t expected to hinder his potential return to the NFL.
December 30, 2024

Darnold Dilemma: Will QB Breakout Lead Vikings to Ditch Low-Cost Succession?

Minnesota is 14–2 and vying for the No. 1 seed in the NFC.
December 27, 2024

Executive Behind Failed Effort to Keep A’s in Oakland Steps Down

Dave Kaval leaves the MLB club after eight often-tumultuous years.