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Red Bull expresses surprise at the verdict while awaiting possible sanctions. F1 World Champion Red Bull Guilty of 'Overspend Breach' of 2021 Cost Cap Skip to main content
The long-running saga over Red Bull and Aston Martin's cost cap violation is apparently winding down.
The FIA announced that Red Bull exceeded the $145 million budget for last year by less than 5 percent. No punishment has yet been announced. Red Bull Overspent Formula 1's 2021 Cost Cap
On 10 October 2022, the FIA announced that Red Bull were one of two teams who had breached the 2021 Financial Regulations applicable during the season, with Red Bull committing what was described as "a Procedural Breach and a Minor Financial Overspend (less than 5% of the Cost Cap)". [71]
As explained by Fangraphs: "Technically called the 'Competitive Balance Tax', the Luxury Tax is the punishment that large market teams get for spending too much money. While MLB does not have a set salary cap, the luxury tax charges teams with high payrolls a considerable amount of money, giving teams ample reason to want to keep their payrolls ...
Red Bull released a cola drink, called Simply Cola, in 2008. A new version of the cola was released in 2019, as part of Red Bull's Organics line. In 2018, the company launched Organics by Red Bull, a line of organic sodas with four flavours; bitter lemon, ginger ale, tonic water, and a new version of Red Bull Simply Cola. [54]
Fred Vasseur, who took over as Ferrari team principal at the start of this year, gave his opinion on Red Bull’s punishment for breaching the 2021 Formula 1 budget cap
Despite assurances by then-Police Commissioner Comronwit Toopgrajank that the case would be taken seriously, as of April 2017 Vorayuth had yet to be indicted, as his lawyers had repeatedly postponed summons by the Attorney-General, claiming illness, overseas business and unfair treatment, and the statute of limitations expired for several charges.