"The FIA Cost Cap Administration is currently determining the appropriate course of action to be taken under the Financial Regulations with respect to Aston Martin and Red Bull and further information will be communicated in compliance with the Regulations.
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"The FIA would also note that with respect to this first year of the application of the Financial Regulations the intervention of the FIA Cost Cap Administration has been limited to reviewing the submissions made by the Competitors and that no full formal investigations were launched." a It is recognised by the Fdration Internationale de l'Automobile (FIA), the governing body of international motorsport, as the highest class of competition for open-wheel.
The FIA Cost Cap Administration notes that all Competitors acted at all times in a spirit of good faith and cooperation throughout the process." The 2021 FIA Formula One World Championship was a motor racing championship for Formula One cars which was the 72nd running of the Formula One World Championship. Statement of the FIA: " The review of the Reporting Documentation submitted has been an intensive and thorough process, and all Competitors gave their full support in providing the required information to assess their financial situation during this first year of the Financial Regulations.
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However, that seems very unlikely due to the minor infraction. 5 hours ago &0183 &32 LONDON, Oct 10 (Reuters) - Red Bull and Aston Martin breached Formula Ones cost cap rules last season, the sports governing FIA said in a statement on Monday. Formula 1 Esports Series is back for its 6th season Compete against the fastest drivers in the world on F1 22 and stand a chance to be signed by an. Initially, there was speculation about different scenarios, with Verstappen possibly having to fear for his world title. On Monday, the FIA reached the conclusion that sanctions should follow for Red Bull. The sport’s governing body has concluded its assessments of all the Formula One teams’ budget submissions for.
Read more Fierce criticism of FIA and Mercedes: 'Wolff shows himself a bad loser' Red Bull penalised, Verstappen looks to retain title 2 days ago &0183 &32 SUZUKA, Japan, Oct 8 (Reuters) - Daniel Ricciardo on Saturday said he wont be racing in Formula One next season but was setting his sights on a return to the grid in 2024, after the latest spate. 5 hours ago &0183 &32 The FIA has ruled that Red Bull did exceed the budget cap for the 2021 season. Every story has a beginning in F1® 2021, the official videogame of the 2021 FIA FORMULA ONE WORLD CHAMPIONSHIP.
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