Glenn Dunbar/Motorsport Images
Red Bull cost cap talks on hold after Mateschitz death
Discussions between Red Bull and the FIA regarding the cost cap breach have been put on hold due to the death of Dietrich Mateschitz.
The team has been discussing an Accepted Breach Agreement (ABA) with the governing body after being found to be in minor overspend breach of the 2021 Financial Regulations. Red Bull insists its submission was below the cap and therefore has yet to reach an agreement on the matter, with talks dragging on into the United States Grand Prix weekend.
However, following Mateschitz’s passing on Saturday, both sides have now agreed that negotiations should be put on hold for a spell. It’s only a short-term pause, with Red Bull expecting discussions to be picked up again ahead of next weekend’s Mexican Grand Prix weekend.
Mateschitz died on Saturday after a long illness, with Formula 1 now planning a tribute to the Red Bull owner ahead of the national anthem on the grid at Circuit of the Americas on Sunday.
Chris Medland
While studying Sports Journalism at the University of Central Lancashire, Chris managed to talk his way into working at the British Grand Prix in 2008 and was retained for three years before joining ESPN F1 as Assistant Editor. After three further years at ESPN, a spell as F1 Editor at Crash Media Group was followed by the major task of launching F1i.com’s English-language website and running it as Editor. Present at every race since the start of 2014, he has continued building his freelance portfolio, working with international titles. As well as writing for RACER, his broadcast work includes television appearances on F1 TV and as a presenter and reporter on North America's live radio coverage on SiriusXM.
Read Chris Medland's articles
Latest News
Comments
Comments are disabled until you accept Social Networking Cookies. Update cookie preferences
If the dialog doesn't appear, ad-blockers are often the cause; try disabling yours or see our Social Features Support.