In Hungary, both Red Bulls suffered severe damage in a first-lap accident triggered by Mercedes' Valtteri Bottas. Pérez was out of the race, Verstappen managed to salvage a 9th-place finish. In Spa Verstappen took pole and won a rain-shortened race in which half points were awarded. In Italy, Hamilton and Verstappen made contact yet again at the Rettifilo chicane which resulted in both drivers retiring from the race, and Verstappen receiving a 3-place grid penalty for the next race, as the stewards judged him at fault for the collision. At the Abu Dhabi Grand Prix, Verstappen took pole position, his first since Austin. He secured his first world title and a first championship for the team since 2013 with a last lap overtake on Hamilton. On 10 October 2022, the FIA announced that Red Bull were one of two teams who had breached the 2021 Financial Regulations applicable during the season, with Red Bull committing what was described as "a Procedural Breach and a Minor Financial Overspend (less than 5% of the Cost Cap)". On 28 October 2022, the FIA announced that Red Bull had entered an Accepted Breach Agreement; in summary Red Bull were in breach of 13 points of non-compliance. The agreement resulted in a $7m fine and a 10% reduction in permitted aerodynamic research. RBPT-badged works Honda engines (2022–present) 2022 season Following Honda's withdrawal as a works entity after 2021, an engine development freeze lobbied by Red Bull allowed them to sign a deal with Honda to use their engines until the end of 2024. To maintain the engines, they formed a company named Red Bull Powertrains Limited and took over part of Honda's Milton Keynes facility. Despite their withdrawal, Honda will develop and manufacture a power unit for the 2022 season – which will then be used up to the end of 2024 – and offer assistance. The Honda-Red Bull deal was later extended to 2025. American multinational software company Oracle became the team's title sponsor for the season. On 27 July, in Morocco, official information was published on the approval of an application submitted jointly by Porsche and Red Bull GmbH in which Porsche acquired 50% of the shares in Red Bull Technology, the parent company of Red Bull Racing and its Formula One program. This application had to be filed with the antitrust authorities of up to 20 countries, including outside the European Union.