Red Bull found guilty of minor breach of F1 financial regulations
Red Bull have been found guilty of breaking Formula One’s financial rules. F1’s governing body, the FIA, finally confirmed on Monday that the team, which last year carried Max Verstappen to a deeply controversial championship win over Lewis Hamilton, exceeded the sport’s £114million budget cap. Red Bull are in breach of overspending by less than five per cent, which equates to £5.7million, a so-called “minor” breach of the regulations. But […]