Red Bull will hold a press conference on Friday after the FIA revealed details of their punishment for breaching Formula 1 cost cap rules.
The sport's governing body accused the team of overspending after their analysis of submissions from all 10 teams over their accounts for the 2021 season. Red Bull denied the claim and insisted their belief that they stuck to the rules.
But all the same the FIA pressed ahead with its process and offered an accepted breach agreement (ABA) to the team. According to various reports, this has now been accepted by Red Bull, while Aston Martin have also agreed on a deal for their procedural breach of the rules.
The ABA means the teams will acknowledge their wrongdoing publicly and accept the sanctions coming their way. It also means that, for the first time since the teams were accused, fans will find out how much Red Bull overspent by and on what.
Those details and more are expected to be revealed on Friday. A press conference has been called at 11.30am in Mexico (5.30pm UK time) where the matter will be discussed.
An earlier resolution had been planned, amid reports that a deal was reached several days ago. However, the topic was put on hold after the death of Dietrich Mateschitz, the founder and owner of the Red Bull brand, last weekend.
Red Bull's breach was described as a "minor" one by the FIA, but the wording of the rules means that could still constitute an overspend of several million pounds. It is believed the team will be accepting both a financial and sporting penalty, though details are not yet known.
It has been suggested that it will most likely involve a reduction in their permitted aero testing time next season. Neither the team nor 2021 drivers' champion Max Verstappen are expected to be docked points retrospectively, meaning his championship is most likely safe.
As constructors' champions in 2022, Red Bull will already have the lowest amount of aerodynamics testing time on the grid. A further reduction in aero testing will likely have a significant impact on their car development going forward, with aerodynamics more important than ever with the new generation of F1 cars.
