Christian Horner, Red Bull team principal, has offered up more information behind the rumours that the team has blasted past the set budget cap of the 2021 F1 championship. Horner was obviously unhappy with what’s been said about the team by others in the pits, and he’s been to comment on the rumours currently circulating.
The cost cap sits at $145 million, and according to recent rumours, the team has breached the amount by a good amount. This Wednesday will see the FIA issue certificates of compliance to teams who have stayed within the cost cap, but it’s still to be seen whether Red Bull – and Aston Martin who are also rumoured to have breached it – will receive the certification.
Horner was asked about whether he was nervous for this week:
“No, I mean, I’m absolutely confident in our submission. It’s been through a process. It went in in March, in terms of [being] signed off fully by our auditors who are obviously one of the big three. And we believe that we are comfortably within the cap.
“So the FIA are following their process. We expect hopefully, and potentially this week, to hear not just us, but all of the teams, the outcome of that process.”
After allegations being spread through the pits by the likes of Mercedes chief Toto Wolff, Horner has admitted that he may be looking at some sort of legal action to battle this:
“What I said absolutely stands,” Horner told the press. “We will consider all of our options. And it’s totally unacceptable to make a completely unfounded allegation. And on the basis of what knowledge? Where is the source of information?
“This is a confidential submission between the team and the FIA. I have no idea of the compliance of any of our rivals. So where does that information supposedly come from?”
Horner does however admit that there is still much for the FIA to straighten out with the cost cap being such a new factor of the sport:
“These are a brand new set of regulations that are highly complicated, and that apply to companies of different structures, different formulations, and of course, regulations,” he admits.
“There’s always different interpretations to those regulations. So in the first year, it will be very interesting to see how that is applied.
“We’ve seen clarifications, even since the submissions were made, that apply to last year. So it’s always going to be a process of evolution.”