Red Bull has accepted an "accepted breach agreement" offer from the FIA after being judged to have spent beyond the $145million budget cap in 2021. read more »

The FIA has delayed the release of cost cap compliance certificates relating to the 2021 season until Monday, after they were initially expected to be issued on Wednesday.This... read more »

It's believed by rivals that two teams, Red Bull Racing and Aston Martin, spent more than last year's permitted $145million cost cap limit. The former is allegedly a... read more »

F1 teams are bracing themselves for an FIA announcement next Wednesday that will confirm which teams were under last year's circa $145million limit and which outfits went... read more »

Last year, F1 teams agreed to slash the championship's planned cost cap from $175million to $145million starting in 2021, followed by a further $5million year-on-year... read more »

Williams acting team principal Simon Roberts has confirmed the bottom-of-the-table team will spend all the regulations allow to climb the order in 2021. read more »

FIA president Jean Todt remains hopeful the reduced $145million Formula 1 cost cap will prevent teams from dropping off the grid once the post-pandemic economic landscape... read more »

Claire Williams believes the introduction of a $145million budget cap for Formula 1 is an important step in ensuring "that our businesses are sustainable going into the... read more »