News Details

Is Red Bull firing staff after Cashgate Scandal?

The dust appears to finally be settling on the ‘Cashgate' scandal, with Red Bull having revealed that there are 'lessons to be learnt' from the damaging saga. Following much speculation at the Singapore Grand Prix, it was then confirmed by the FIA after the Japanese Grand Prix that the Austrians had exceeded the 2021 budget cap, following a ‘minor' breach. It was announced that the Constructors' Champions were guilty of going $2.2 million beyond the $145 million limit; however, this is largely due to incorrect tax documentation. The FIA confirmed that the breach would've only been in the region of $500,000 had the side completed their tax documentation correctly, suggesting...
Full Story »
Share

You May Also Be Interested In...

Guenther Steiner outlines how FIA could've caused...

After a month full of foul-mouthed accusations, rule-breaking, and...
3y ago from Formula1News.co.uk

Red Bull announce signing of Chelsea FC target to...

It has been an extremely busy fortnight for Red Bull, following the...
3y ago from Formula1News.co.uk

Red Bull ‘suspended' three major upgrades amid...

2022 has been a year of sheer dominance by Red Bull and, crucially, Max...
3y ago from Formula1News.co.uk

Cashgate: Toto Wolff warns Red Bull and rivals of...

The 2021 cost cap was put in place to ensure that every team has a chance...
3y ago from Formula1News.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou earns IndyCar pole at Barber

Saturday afternoon at Barber Motorsports Park was devoted to IndyCar...
15h ago from MotorsportWeek.c...

Will Power’s brake pedal went ‘to the floor’ in...

Will Power suffered a heavy crash in IndyCar qualifying, ending his...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal favourites to sign 21-year-old German striker...

Arsenal are reportedly in pole position to sign Club Brugge star Nicolo...
1h ago from SportsKeeda.com

Exclusive: Arsenal favourites to sign 'future of...

Arsenal are the favourites for the transfer of talented young German...
3h ago from CaughtOffside.com

Journalist claims Arsenal 'interested' in experienced...

Arsenal are reportedly one of the clubs interested in the potential...
2h ago from CaughtOffside.com

“I haven’t spoken to him” - James Trafford opens...

Manchester City star James Trafford has backed Arsenal star Ben White...
3h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.