PARIS: Two-time world champion Max Verstappen’s Red Bull Formula One team exceeded the budget cap for the 2021 season, the International Automobile Federation (FIA) said on Monday, adding that the offence was a “minor violation”.
Aston Martin was also found in breach of Formula 1 financial rules, the FIA announced, adding that any punishment would be decided at a later date.
“We note the findings by the FIA of ‘minor overspend breaches’… with surprise and disappointment,” tweeted Red Bull.
The cap came into effect last season and was set at 145 million dollars (currently 149.6 million euros). It is…
