Christian Horner responds to Red Bull’s rumoured budget cap breach

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Christian Horner gives his first response to the rumours that Red Bull breached the 2021 budget cap, and says “interpretation” of the rules “will be subjective between the teams”.

Earlier today, Auto Motor und Sport and Gazzetta Dello Sport reported that there is talk in the paddock that Red Bull has breached the 2021 budget cap.

Red Bull team boss Christian Horner was asked by Sky Sports F1 to give his comments.

“[I’m] not aware of any breaches,” Horner said.

“The accounts were submitted in March. [It’s] a long process with the FIA and we are in that process as we speak.

“Mid next week is when they declare the certificates. Our submission was below the cap. It’s down to the FIA to follow the process.

“It’s a brand new set of very complicated regulations, how rules are interpreted and implied will be subjective between the teams. As years go by things will be tidied up.

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“We are confident of our submission. There will always be rumours.

“I’m not aware of major breaches,” the Briton concluded.

If found guilty of any budget cap breaches, Red Bull could face serious consequences. According to financial regulations a ‘minor’ breach (less than 5%) can include “a decision of points for the championship in which the breach took place, a suspension from a limited number of events, limitations on research and development and a reduction of the cost cap”.

For a ‘material’ breach (more than 5%), a team or driver could be banned from an entire championship. Since Verstappen finished only 8 points ahead of Hamilton in 2021, any point reduction could be very worrying for Red Bull.

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