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Red Bull and FIA talks over cost cap on hold

Red Bull and FIA talks over cost cap on hold

Red Bull and FIA talks over cost cap on hold

The discussions between Red Bull Racing and the FIA over the team’s cost cap breach have been put on hold following the passing of team owner Dietrich Mateschitz on Saturday.

Red Bull have been found to have breached the 2021 Formula 1 cost cap, the breach being a minor one, meaning it does not exceed 5% of the $145-Million budget.

Red Bull have since insisted they are within budget, and the team has been in talks with the FIA, as Christian Horner met with FIA president Mohammed Ben Sulayem in Austin on Friday.

During the team principals’ press conference on Saturday, Horner declared talks are still ongoing, as the sport’s governing body have proposed an Accepted Breach Agreement (ABA) to Red Bull.

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However the team reportedly did not accept the ABA, with Horner hoping a conclusion would be reached over the course of the US weekend in Austin.

However, and on Saturday afternoon, just before qualifying, news broke that Red Bull founder Dietrich Mateschitz had passed away following serious illness.

The death of Mateschitz has now put the talks between Red Bull and the FIA on hold until further notice.

The team said in a statement: “All conversations with the FIA around Cost Cap and next steps are on hold until further notice.

“The deadline for agreement has been extended and we expect talks to pick back up middle of the week,” the statement added.

Red Bull drivers Max Verstappen and Sergio Perez will start the 2022 United States Grand Prix second and ninth respectively, the latter incurring a grid penalty for taking new power unit components.

The team looks to secure their first Constructors’ Title since 2013, after Verstappen secured his second Drivers’ Crown at the 2022 Japanese Grand Prix at Suzuka.