Red Bull Team Principal Christian Horner is adamant the Milton Keynes-based outfit will register within last year's budget cap. The auditing process for the 2022 season is underway, with a number of reports emerging claiming two or three teams have fallen foul of F1's financial regulations. Red Bull was fined for breaching the budget cap in the first year of the regulations in 2021, with a $7 million fine and a 10 per cent reduction in ATR time the punishment for the current term. This penalty was criticised as being lenient by rivals, with Mercedes driver Lewis Hamilton concerned recently that the lack of punishment would prompt others to deliberately breach the limit for performance gains as a trade-off.
Several million below
Horner promptly played down those fears but referring to Red Bull's spend last season, he told Sky Sports F1 : "Last year, Max [Verstappen] damaged one front wing and Checo [Perez] had a crash in Montreal, and again we had a very limited amount of development on the car. "So we were several million below the cap last year because accident damage and development - they're huge costs. "Obviously this year, the biggest handicap we have is that lack of wind tunnel time, it's significantly less runs in a week than any of our competitors, so we have to be very disciplined on where we focus our development."
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