The FIA have made an offer to Red Bull to settle the team's recent breach of the Formula 1 cost cap regulations, RacingNews365.com understands. A report from F1's governing body found that, after the accounts from the 10 teams had been audited, Red Bull had broken the cost lap limit of $145 million in 2021. While only classified as a 'minor' spending breach, Red Bull believed that they did not break the limit, with team boss Christian Horner vehemently denying the accusations. However, McLaren boss Zak Brown has written to the FIA, stating that the breach can be classed as "cheating." While public statements have been limited since the breach was announced, privately, the FIA have presented the team with an Accepted Breach Agreement proposal - something laid out for this scenario in the financial regulations. Should Red Bull agree to it, they would accept whatever penalty the FIA without the right to an appeal. However, it is unlikely that Max Verstappen will receive a points deduction from his Championship-winning 2021 campaign, with less wind-tunnel testing time and a reduction in future caps the more feasible outcomes. Alternatively, should the team reject the offer, it will go to the Cost Cap Adjudication Panel, where lawyers will evaluate the case and determine if any penalty should be applied, and the severity of it. According to sources familiar with the matter, Red Bull's breach is believed to be around $1.8 million - with a fine of double that at $3.6 million a possibility.