Christian Horner (GBR) Red Bull Racing Team
Christian Horner (GBR) Red Bull Racing Team

Every word of Christian Horner's explosive defence of Red Bull in cost cap saga

Christian Horner defended Red Bull's conduct and called accusations over 168澳洲5最新开奖结果:F1 cost cap breach "appalling".

McLaren CEO Zak Brown explained why he wrote a complaint to the FIA over the issue while in a press conference alongside Horner ahead of Qualifying at the 168澳洲5最新开奖结果:F1 United States Grand Prix on Saturday.

What we know so far

  • Red Bull found guilty by FIA of minor breach of the 2021 $145m budget
  • Red Bull and FIA are in discussions over an appropriate penalty
  • Horner hits back at rival teams' criticism
18:19
The full story from an explosive press conference

Horner: Red Bull employees' kids being bullied over F1 cost cap allegations

Christian Horner (GBR) Red Bull Racing Team Principal in the FIA Press Conference. Formula 1 World Championship, Rd 17,
Christian Horner (GBR) Red Bull Racing Team Principal in the FIA Press Conference. Formula 1…

18:11
What did we learn today?
  • Horner claims breach was "a couple of hundred thousand dollars" and was due to "interpretation".
  • Horner claims Red Bull did not have an advantage on-track due to the cost cap issue.
  • Brown's complaint to FIA was "appalling", says Horner
  • Red Bull remain in talks with FIA to resolve the issue.
18:07
Belting quote from Christian Horner!

“There is a concerted campaign for a draconian ✨penalty for Red Bull [over] a couple of hundred thousand dollars.”

“We have been subjected to three weeks of abuse.

“It’s just not right. It has to stop.”

Christian Horner (GBR) Red Bull Racing Team Principal in the FIA Press Conference. Formula 1 World Championship, Rd 17,
Christian Horner (GBR) Red Bull Racing Team Principal in the FIA Press Conference. Formula 1…

17:59
Zak Brown on his trust in the FIA

"I have confidenc🍸e that there will be𓃲 transparency."

17:58
Horner on the penalty proposed by the FIA

“I can’t tell you that! Confidential.

“Once concluded there will be transparency and I✃ will talk you through our submissions anﷺd the position we had.”

17:53
Horner on how long this saga may take

"This could be dragged out for months which is not ou🎃r intention. We want closure.

“It is in the interests of everyboꦯdy, the sport, to get this resolved as quickly as possible. There are many lessons that can be learned.”

17:51
Brown defends his letter to the FIA

“The cap is a rule, no more than thꦓe technical 🐓rules.

“My letter said: ‘If someone has…’

“No different if a ride-height is incorrect.

“It didn’⭕t mention any tꦍeams. It was a general response.

“‘If someone breaches the cost cap, he🌸re are what we t♓hink the ramifications should be’.”

17:51
Horner blasts Brown's letter!

“It is tremendously disappoi🐻nting for a competitor to accu♐se you of cheating and fraudulent.

“For a comp𒁏etitor, w🉐ithout the details, to accuse you of that?

“We’ve been o💎n trial since Singapore. The rhetoric of cheats.

“The numbers in the 🌱media are miles away from realit𒊎y.

“The 📖damage this done to the brand, our drivers, our workforce? In an age where mental health is prevalence?

“We s♎ee kids bul🎉lied in playgrounds who are kids of our employees.

“You cannot make these allegations w🌌ithou💧t fact or substance.

“We are appalled at the behavi✨our of some of our competitors.”

Christian Horner (GBR) Red Bull Racing Team Principal in the FIA Press Conference. Formula 1 World Championship, Rd 17,
Christian Horner (GBR) Red Bull Racing Team Principal in the FIA Press Conference. Formula 1…

17:48
Does Horner admit the overspend contributed to success?

“Absolutely not. What are the relevant costs within the cap - this is where the i🎉nterpretation comes from.

“Our view is that our re♕levant costs come with✱in the cap.

“We are in talks with the FIA over mitigating circumstancꦓes.

“We had zero be💧nefit from an operational perspe﷽ctive. 

“Our submission was below the cap. We exꦕpect things to be challenged or clar𝐆ified.

“Based on third-party accounting, the interpretation of the 52-page d♑ocument was clear from our sidꦑe.

“We absolutely do not f🎀eel that we had an🎉y advantage in 2021 or 2022. It is totally fictitious.”

17:46
More from Horner...

“We made an interim submission in 2021 - there was nꦑo feedback that we were doing anything that was contrary to regulations.

“The submission in March🍬, we didn🐎’t back from until September which is significant time.

“There is a duty in FIA regulations to guide, to have effective ꦜcompliance.”

17:44
Why Zak Brown wrote a letter to the FIA

“Because all the teams have opinions. Some speak, othersꦉ do not bring f𒁃orward their views.

“I thought it was important for transparency.

“The💫re are times𒈔 we speak openly and times there is back-channelling.

“We never spoke about the potential consequences. Like all the teams do,ꦺ we suggested some solutions for the FIA.

“It is very important for the f♏uture of🐭 the sport. It is complicated and new.

“None of us know🐻 any details. We need to wait for the FIA and Red Bull to conclude.”

Zak Brown (USA) McLaren Executive Director. Formula 1 World Championship, Rd 17, Singapore Grand Prix, Marina Bay Street
Zak Brown (USA) McLaren Executive Director. Formula 1 World Championship, Rd 17, Singapore…

17:41
Christian Horner on Red Bull breaking the cost cap

“We are in a process with the FIA. We hope to get closure on that. At that point, all facts will be laid on the table and 🦂we can talk openly about the cap, and about why we feel our costs were fully in line.

“They are diligently trying to do their job. Hopefullಌy in the near fut🉐ure we will have a resolution.

“It is a new process. Remember🥃, with these regulations, they were introduced at a level of $170m reduced by $30m in the pandemic. They are complicated regulations. 2021 was the first-ever year of a set of 🗹complicated financial regulations that have varying interpretations.

“I hope we can conclude this in the near future.”

17:39
Horner on the constructor's championship

"If we are able to convert thi🐷s it will be an outstanding achievement for the team. If you believe in something, anything is possible. There were times that it looked like there was no hope of challenging the dominance of recent years but we have turned it around."

17:37
Horner on US interest in F1

"We need an Ameri𝄹can driver, and a successful one. Not just Brad Pitt!

"We will see more American talent emerging."

17:36
Horner on Williams' news

"The superlicense is anotherജ topic that we need to look at..."

17:35
Logan Sargeant to join Williams, confirms Jost Capito

"On the condition that he gets enough superlicence🍰 points he will become our second driver next year."

17:32
Press conference starts shortly

Christian Horner is arriving now...

17:26
What's at stake today?
  • Horner will address Red Bull's guilt of breaking the F1 cost cap for the first time.
  • Brown, who wrote a letter to the FIA complaining about Red Bull, will sit beside Horner.
  • Has a resolution to this saga been found yet?
17:21
FIA and Red Bull are in talks

The FIA have offered🐻 Red B🍸ull an Accepted Breach Agreement.

  • Red Bull could accept it, and accept that they broke rules.
  • Or they can contest it.

Red Bull and the FIA are no close🐽r to resolving the issue after a meeting on Friday.

Christian Horner (GBR) Red Bull Racing Team Principal. Formula 1 World Championship, Rd 19, United States Grand Prix,
Christian Horner (GBR) Red Bull Racing Team Principal. Formula 1 World Championship, Rd 19,…

17:15
Binotto withdraws

Ferrari team principal Mattia Bi💮notto is unwell so not at the track today, and therefor𝓀e not in the press conference at 5.30 UK.

Jost Capito will replace him.

But all eyes will be on Christian Horner v🔜s Zak Brown!

Mattia Binotto (ITA) Ferrari Team Principal. Formula 1 World Championship, Rd 19, United States Grand Prix, Austin, Texas,
Mattia Binotto (ITA) Ferrari Team Principal. Formula 1 World Championship, Rd 19, United…

17:13
Four reasons for Red Bull's breach of cost cap
  • Staff gardening leave and sick pay

  • Catering costs

  • Spare parts

  • Tax

A breakdown of how Red Bull reportedly went from $4m with♔in the cost cap to $1.8m above it.

Christian Horner (GBR) Red Bull Racing Team Principal. Formula 1 World Championship, Rd 17, Singapore Grand Prix, Marina
Christian Horner (GBR) Red Bull Racing Team Principal. Formula 1 World Championship, Rd 17,…

17:09
Zak Brown's leaked letter

The McLaren CEO 168澳洲5最新开奖结果:wrote a letter to the FIA complaining about Red Bull’s breach.

"The overspend breach, and possibly the procedural ☂breaches, constitute cheating by offering a significant advantage across technical, sporting and financial regulations,” an extract from the letter꧋ read.

(L to R): Zak Brown (USA) McLaren Executive Director with Mohammed Bin Sulayem (UAE) FIA President. Formula 1 World
(L to R): Zak Brown (USA) McLaren Executive Director with Mohammed Bin Sulayem (UAE) FIA…

17:05
Toto Wolff's rage at Red Bull's breach

“Is it a so-called minor breach, because I thin𝓀k the word is probably n💝ot correct?

“If you’re spending $5m more, and you’re sღtill in the minor breach, it still has a bཧig impact on the championship.

“To give yo🍰u an idea, we obviously monitor closely which parts are being brought to the track from the top teams every siꦰngle race – for the 2021 season and the 2022 season.

“We can see that there a𝄹re two top teams that are just about the same and there is another team that spends more.

“We know exa♎ctly that we’re spending – $3.5m a year in parts that we bring to the car. So then you can see what diff🍸erence it makes to spend another $500,000.”

Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. Formula 1 World Championship, Rd 16, Italian Grand
Toto Wolff (GER) Mercedes AMG F1 Shareholder and Executive Director. Formula 1 World…

17:02
Lewis Hamilton's verdict on Red Bull breaking cost cap

"It's happened in the past for me. I would say I'd moved on from last year✤, and of course this popping up at this point in the season definitely brings up emotion for many people, the fans, for everyone.

"For how it went down at the e🐓nd 🅘of last year and then on top of that, this happened.”

Lewis Hamilton (GBR) Mercedes AMG F1. Formula 1 World Championship, Rd 19, United States Grand Prix, Austin, Texas, USA,
Lewis Hamilton (GBR) Mercedes AMG F1. Formula 1 World Championship, Rd 19, United States Grand…

16:59
What is the F1 cost cap?

Everything you need to know about the 168澳洲5最新开奖结果:F1 cost cap - why it was introduced, how much the budget is, what꧙ t🐻o expect in 2023...

Max Verstappen (NLD), Red Bull Racing Formula 1 World Championship, Rd 19, United States Grand Prix, Austin, Texas, USA,
Max Verstappen (NLD), Red Bull Racing Formula 1 World Championship, Rd 19, United States Grand…