Red Bull: Budget cap punishment to be announced on Friday

Red Bull's Christian Horner and Max Verstappen
Max Verstappen clinched his second world title in Japan with four races remaining

Red Bull’s punishment for breaking Formula 1’s budget cap will be revealed on Friday.

Red Bull have called a news conference at 17:30 BST at the Mexican Grand Prix to discuss their penalty.

It is understood that the team have come to an “accepted breach agreement” with F1’s governing body the FIA.

“We feel we are not…

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