F1 boss Stefano Domenicali would like to see sporting penalties applied to cost cap breaches, rather than financial sanctions. Formula 1’s mandatory budget cap, which was introduced in 2021 and which is set at $135 million this season, is an essential part of Grand Prix racing’s governance as part of its efforts to reduce costs and level the playing field among competitors. Last year, Red Bull was caught out by the stringent financial rules, with the Milton Keynes-based outfit found guilty of over-spending by $1.8 million during Max Verstappen’s first championship year in 2021. Although the breach was qualified as minor by the FIA, Red Bull were fined a hefty $7 million and hit with a reduct
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