Formula 1

7:38 AM ET Ferrari believes Red Bull’s penalty for breaching the 2021 budget cap does not do enough to address the performance gains the team could have made from overspending. Red Bull accepted the FIA’s accepted breach agreement of $7 million and a 10 percent reduction in wind-tunnel development. The FIA found Red Bull had

3:10 PM ET MEXICO CITY — Red Bull team principal Christian Horner believes his team is owed an apology for the way it was treated following its breach of last year’s budget cap, but said he would “begrudgingly” accept the penalty issued by the FIA. Red Bull was fined $7 million and faces a 10%

10:14 AM ET Red Bull has been handed a $7 million fine and a 10% reduction in wind-tunnel testing time for next season as punishment for breaching last year’s $145 million budget cap. Red Bull took the accepted breach agreement (ABA) offered to it by the FIA, meaning the penalty cannot be appealed. The FIA

3:18 AM ET Alpine have won their bid to overturn Fernando Alonso’s penalty at the U.S. Grand Prix after the double world champion had lost seventh place as stewards upheld a protest from Formula One rivals Haas about the safety of his car. Alonso had dropped out of the points in Austin last Sunday when

5:32 PM ET MEXICO CITY — The budget cap row that has hung over Formula One for the past three races will finally come to a head on Friday, with the FIA set to announce Red Bull’s punishment for breaking last year’s financial regulations. A news conference has been called in Mexico at 11:30 a.m.

12:53 PM ET The Mexican Grand Prix will stay on the Formula One schedule until 2025 after securing a new contract extension. The Mexico City race has become one of the most popular on the calendar, with its final corners snaking through a converted baseball stadium which is always packed full of fans. National hero

4:07 AM ET Audi will enter Formula One in 2026 as the partner of the Sauber team, which currently races as Alfa Romeo. In August, Audi confirmed it would be joining F1 as an engine constructor when it introduces new regulations, but did not confirm which team that would be with. On Wednesday it was

6:27 PM ET Fernando Alonso believes Formula One and the FIA’s race regulations are set for a crucial moment after his Alpine team appealed the penalty which knocked him out of the points at the U.S. Grand Prix. Alonso finished seventh in Austin, Texas, despite being sent airborne at one stage in a 200 mph

Oct 23, 2022 AUSTIN — Lance Stroll has been given a three-place grid drop at the next race in Mexico after the stewards found him “predominantly to blame” for his collision with Fernando Alonso at Sunday’s U.S. Grand Prix. The pair collided at high speed on the long straight between Turn 11 and Turn 12

Oct 22, 2022 Christian Horner was left furious after comments from McLaren counterpart Zak Brown. Clive Mason/Getty Images AUSTIN, Texas — Red Bull team principal Christian Horner says he was “appalled” by a rival’s accusations during Formula One’s cost cap controversy after McLaren CEO Zak Brown said a breach of the cap would constitute cheating. After