Adrian Newey’s contract rumoured to be one of Red Bull’s disputed costs

© LAT Images for Mercedes-Benz Grand Prix Ltd

Auto Motor und Sport writes that Red Bull Chief Technical Officer Adrian Newey’s contract is rumoured to be one of the reasons for the team’s cost cap breach.

On Monday the FIA announced that Red Bull has breached the 2021 budget cap. The details of the breach have not yet been made public, so there is a lot of speculation around F1 media.

While it has previously been rumoured that the breach has to do with sick leave and catering costs, an even more interesting rumour recently came out.

Auto Motor und Sport writes that it has been rumoured that Red Bull did not include their Chief Technical Officer Adrian Newey’s salary in their report, because he is technically not an employee, but actually has a contract as a consultant.

If you like SilverArrows.Net, consider supporting us by buying us a coffee!

According to F1’s financial regulations, apart from the drivers, the team’s top three earners are exempt from the cap. By not declaring Newey, Red Bull could have another engineer listed as a top earner in Newey’s place, and have this engineer exempt from the cap

As a legendary figure in the paddock, there is no doubt that Newey’s salary is among the top three salaries of anybody in any team, and according to this report, the FIA does not consider a contractor to be exempt from the cap, so his contract had to be included.

There’s no way of knowing if this rumour is true, but AMuS themselves wrote that Red Bull has denied these allegations, and confirmed that Newey has indeed been included among the team’s top three earners.

Follow us on Twitter @SilverArrowsNet and like us on Facebook!

Comments are closed.