Christian Horner has suggested what he thinks the FIA should do with Red Bull’s $7million 2021 budget cap breach fine.
In addition to a 10 percent reduction in windtunnel and CFD time, the FIA has fined Red Bull with a $7million fine for the team’s 2021 budget cap breach.
The Austrian team’s boss has a suggestion on what the governing organization should do with the money.
“It’s an enormous amount of money, and obviously it’s down to the FIA what it chooses to do with that money,” Horner said.
“We just hope it gets put to good use. Obviously, we see championships that are struggling at the moment and hopefully it can do some good.”
Horner then discussed whether the fine will hurt Red Bull.
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“In terms of the material effect on Red Bull Racing, this year has been a strong year for us. Indeed, the amount of money we will receive from Liberty this year will exceed the cap itself.
“So Formula 1 is in rude health, sponsorship income is strong, and the commercial revenue.
“It’s why the cost cap does need looking at because you have a prize fund exceeding the cap for the first three or four teams.
“Even the teams at the back of the grid are probably going to have 70 to 80 percent of their costs covered by the prize fund,” the Briton concluded.