LONDON, Sept 5 — All Formula One teams were in compliance with cost cap restrictions last year, the sport’s governing body said on Tuesday. Media reports in Italy and Germany,...
LONDON, Sept 5 — All Formula One teams were in compliance with cost cap restrictions last year, the sport’s governing body said on Tuesday.
Current champions Red Bull were fined US$7 million and their wind tunnel time reduced by 10 per cent for a “minor overspend” in 2021, the first year of the restrictions. Aston Martin were also fined US$450,000 for a procedural breach. “Additionally, there has been an extensive check of any non-F1 activities undertaken by the teams, which comprised multiple on-site visits to team facilities and careful auditing procedures to assess compliance with the Financial Regulations.”
Red Bull’s punishment last year was criticised by some rivals as not tough enough, with Ferrari boss Fred Vasseur last month describing it as “a big joke” and calling for sporting penalties.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Perfect 10 for Verstappen with record win in ItalyHis victory was also Red Bull’s 15th in succession, another Formula One record.
Read more »
One death reported at Burning Man, thousands stranded in mud and rainNevada authorities on Sunday said they were investigating one death after a severe rainstorm left tens of thousands of revelers attending the annual Burning Man festival stranded in mud, and asked that they shelter in place and conserve food and water.
Read more »
Thousands stuck in mud at Burning Man festival, one deadBLACK ROCK CITY, Sept 4 — Tens of thousands of festivalgoers were stranded yesterday in deep mud in the Nevada desert after rain turned the annual Burning Man gathering into a...
Read more »
Set up one-stop centre to help the homeless, govt urgedA charity organisation plans to open a crisis home in Petaling Jaya aimed at providing temporary shelter and treatment to homeless people who suffer from mental health issues.
Read more »
One more feather to teacher’s capKOTA KINABALU: Award-winning English teacher Dr Sirhajwan Idek (pic) has bagged another title at an Asean event.
Read more »
‘Show goes on’ for Singapore F1 Grand Prix despite corruption probe and loss of grandstandSINGAPORE, Sept 4 — Tickets for the Singapore Formula One Grand Prix are running out fast, with the night race’s reputation unaffected by the ongoing corruption investigations...
Read more »