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F1 news: Lewis Hamilton retirement hint, Red Bull view on Verstappen being stripped

Daily Express logo Daily Express 03/10/2022 Luke Chillingsworth
Lewis Hamilton, FIA, Max Verstappen © GETTY Lewis Hamilton, FIA, Max Verstappen

are facing accusations that they broke rules last season by exceeding the £114million budget cap. The team have hit back at claims and denied any wrongdoing but will discover their fate on Wednesday when the FIA conclude their investigation into the team's financial data.

Depending on if they're found guilty, and how significant their overspend was, Red Bull could face severe sanctions, including Max Verstappen being potentially stripped of the title if driver points are docked.

Latest reports from Auto Motor und Sport claim Red Bull could've spent £9m over the budget, which would likely result in a stronger punishment if the FIA corroborate those claims as it exceeds the five per cent the FIA allow for a 'minor violation'.

Mercedes and Ferrari have been pushing for Red Bull to be hit with the strongest punishment possible ahead of Wednesday's announcement but team boss Christian Horner has threatened them with legal action for 'defamatory' comments and maintained they did not breach rules last season.

Meanwhile, there was plenty of drama on the track at the weekend with Sergio Perez almost being dramatically denied victory at the Singapore Grand Prix after being handed a post-race penalty and Verstappen clashing with his own team on multiple occasions.

Follow here for all the latest on the ongoing Red Bull saga and F1 news after the Singapore GP

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