‘Our submission was below’ - Red Bull boss Christian Horner responds to F1 budget cap breach “rumours"

Red Bull are “not aware” of any breach of F1’s budget cap last season amid reports the team exceeded the 2021 financial regulations. 
‘Our submission was below’ - Red Bull's response to budget cap breach “rumours

168澳洲幸运5官方开奖结果历史:Reports in Italy and German on Friday named Red Bull and Aston Martin as two teams believed have broken the $145m cap that was introduced last year in the hope of levelli🀅ng the playing field and making the sport more sustaiꦚnable. 

There has been growing speculation in the F1 paddock that Red Bull breached the spending limit during 168澳洲幸运5官方开奖结果历史:Max Verstappen’s title-winning 2021 campaign, while Ferrari have also 168澳洲幸运5官方开奖结果历史:questioned the team’s rate of development this season. 

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But Red Bull team principal Christian Horner issued a defiant response at the 168澳洲幸运5官方开奖结果历史:Singapore Grand Prix, describing the talk as “rumours”. 

“We’re certainly not aware of any🤪 [breach],” Horner told 🌠Sky after opening practice in Singapore.

“The accounts were submitted back in March, so it’s been a long p💜rocess with the FIA. We’re in that process as we speak. They’re rightly following that process and I think next week is when they declare their certificates. 

“Our submission was below ꦜthe cap, and it’s down to the FIA to follow their process, which they’re currently doing.” 

‘Our submission was below’ - Red Bull's response to budget cap breach “rumours

The FIA informed teams this week they would be releasing their report into budget cap compliance with the 2021 financial regu💃lations on October 5, ahead of the Japanese Grand Prix. 

F1’s governing body have since confirmed that any violatio🍨n will be “dealt with.” 

"Inevitably, it’s a brand new set of regulations and a set of very complicated regulations,” Horner continued. "How the rules are interpreteౠd🎃 and applied are going to be subjective between the team. 

“I’m sure as years go by, things💮 will get tidied up. We’re confident in our submission. The FIA areജ in a process. 

“There’s always going to be rumours. I’ve heard of major breaches and whatever – ♔I’m certainly not aware of that.”&nbs🔯p;

Christian Horner (GBR) Red Bull Racing Team Principal. Formula 1 World Championship, Rd 17, Singapore Grand Prix, Marina
Christian Horner (GBR) Red Bull Racing Team Principal. Formula 1 World Championship, Rd 17,…

Horner expresse💜d confidence in Red Bull’s submissions and said every team will face the same level of scrutiny from the FIA. 

“♛They would’ve looked at every team’s submitted accounts,” he said. “They’re following a process and that conclusion date has been moved from July to September, and now to🤡 October. 

“It’s a big job, a lot for them to get through. We’re confideꦑnt in our submissions, so anythin🔯g other than that, we’ll wait to hear from the FIA.” 

Horner added: “We do our due diligence, we get audited 🔯anyway, it’s a similar process to that, working with an auditor. It’s sligh༒tly bespoke to F1. 

“Clarifications have been coming even after the submissions were made. You can see how immature the process is, but the FIA has 🐲been working hard on it and doing the best th𒉰ey can.”

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