BREAKING: Red Bull agrees to cost cap ‘Accepted Breach Agreement’!

© Jiri Krenek for Mercedes-Benz Grand Prix Ltd.

It is being reported that Red Bull has agreed to enter into an ‘Accepted Breach Agreement’, which means the team acknowledges they did break the 2021 cost cap.

Autosport reports that Red Bull has agreed to enter into an ‘Accepted Breach Agreement’, proposed by the FIA, after the team has been found to be in ‘minor’ and ‘procedural’ breach of the 2021 budget cap.

This means that the team has acknowledges, contrary to their previous statements, that they have indeed breached the cap, and they accept the sanctions proposed by the FIA.

Aston Martin has reportedly also accepted the agreement for their ‘procedural’ breach of the 2021 budget cap.

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The official announcement is expected to be made on Friday in Mexico. The proposed penalty is still unknown, but it is also expected to be revealed tomorrow.

Several unsubstantiated reports state that Red Bull has overspent by around $1.8m, and will be receiving both a sporting and a financial penalty. The penalty is rumoured to be a reduction in aero testing heading into 2023.

Considering how Red Bull’s aero testing time will be reduced anyway due to being first in the Constructors’ Championship standings, this further reduction should be felt by the team.

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