The introduction of the budget cap provides a learning experience for all teams. Indeed, money has to be handled differently. McLaren CEO Zak Brown admits that Red Bull Racing did not exceed the budget cap on purpose. McLaren itself has also experienced the difficulty of allocating resources properly. Article continues under ad In 2021, Formula 1 teams had to adhere to the budget cap for the first time. The cap was set at $145 million and many teams had to fire a lot of staff ahead of the new season. Red Bull was found guilty earlier this season of exceeding the 2021 budget cap by $2.2 million. The team was penalised with a $7 million fine and a 10 per cent loss of wind tunnel time for...
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