Formula One’s governing body said on Friday that Red Bull had been penalised $7 million for violating the league’s budget restrictions but will not have any points removed from their 2021 standings. Also, Red Bull’s allowed aerodynamics research will be cut by 10% as part of the penalty.
With Max Verstappen at the wheel, the team overspent by 1.86 million euros ($2.15 million) in 2021, according to the FIA.
The team will have 10% less time to use tools like the wind tunnel and CFD software while developing their vehicle.
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Red Bull took responsibility for their actions and signed a “accepted breach agreement” with the FIA, leading to this penalty.