Red Bull 'surprised and disappointed' by FIA's budget cap ruling

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Red Bull has expressed its "surprise and disappointment" with the FIA's verdict that it breached F1's 2021 budget cap regulations.

The governing body announced on Monday that two teams – Aston Martin and Red Bull – had been singled out by its 2021 cost cap audit for procedural breaches, while the Milton Keynes-based outfit was also found to have exceeded its $145 million mandatory budget.

However, the FIA labeled Red Bull's breach as a "minor" financial transgression, meaning its overspend was less than 5% of its overall budget. But it not provide a clear number.

"We note the findings by the FIA of ‘minor overspend breaches of the financial regulations’ with surprise and disappointment," read a statement from Red Bull Racing.

"Our 2021 submission was below the cost cap limit, so we need to carefully review the FIA’s findings as our belief remains that the relevant costs are under the 2021 cost cap amount.

"Despite the conjecture and positioning of others, there is of course a process under the regulations with the FIA which we will respectfully follow while we consider all the options available to us."

Ahead of the release of today's certification process results, Red Bull team boss Christian Horner had repeatedly said that the outfit's financial submissions were "comfortably within the cap".

The FIA made no mention in its statement on Monday of the sanctions it plans to enforce against Red Bull for committing a "minor" breach.

But if the team disagrees with the governing body's financial or possibly sporting penalties, its case will likely go to the FIA's Cost Cap Adjudication Panel for review.

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