The FIA found them guilty of a “minor” overspend of the $145m budget (therefore a maximum of $7.25m) and have opened talks with Red Bull over their punishment.
The four reasons Red Bull reportedly broke the F1 cost cap
The report says that Red Bull’s staff gardening leave costs refer to Dan Fallows, their former head of aerodynamics who left in mid-2021 to join Aston Martin.
A cost of $800k regarding Fallows was not factored into Red Bull’s costs but has been included in the FIA’s investigations, it is reported.
Adrian Newey’s salary is not an issue, despite previous unrelated reports. He is exempt from the cost cap because he is among the three highest-earners at Red Bull.
A further $1.2m was spent on catering.
A June 2022 rule change regarding how to carry over the cost of spare parts from the 2021 season is another part of Red Bull’s overspend, it is reported.
A tax issue is the final reason for the overspend – but RacingNews365 reports that if Red Bull are able to prove that they expect a rebate from HMRC, the FIA will be “lenient”.