There is no doubt in my mind that it was a racing incident which
both drivers could have done more to avoid. Regs and steward guidance states that if the overtaking car is
more than halfway alongside and inside the car infront
when turning into a corner (note: when turning into a corner, not when halfway through the corner, as so many of the misguided fools posting stills of the point of contact would have you believe), then the corner is there to be won and the overtaking car does not have to cede. Hamilton was around 80% alongside on the inside on entry:
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Could Hamilton have been further over to the apex? Absolutely, although there is no obligation to be so. He probably went into the corner carrying a bit more speed than he usually would but that's racing, and stewards are supposed to be lenient on this in the opening laps due to high fuel loads and cold tyres. But he could have lifted off and directed his car at the apex more.
Could Verstsppen have done things differently? Without a doubt. Watch the on-board footage as they enter Copse. He corrects left slightly when he spots Hamilton's front wing alongside his ****pit, so he definitely knew he was there and definitely knew LH was 80% alongside him and that the corner therefore wasn't unambiguously Max's.....and yet (again, watch the on-board and aerial footage), he still overcorrects to his right again. He didn't need to turn right that sharply to make the corner as he was already going to make it, so can only assume he did it knowing that Hamilton was there or assuming he had backed out. The latter wouldn't surprise me as MV has a habit of being overly aggressive and bullying/intimidating other drivers into backing off. His father and the combo of Horner and Marko at Red Bull have instilled this horrible entitled attitude into him where he enters every duel effectively saying "back out or we'll crash". Hamilton has backed out of 2 already this season, at Portimão and at Imola. Good on him for standing up to it this time. He probably felt a bit bolshy after MV's pretty unsavoury game of chicken as he tried to bump wheels with Hamilton at 150mph down Wellington straight.
People harping on about how much room LH had inside him - how much space did MV have outside!? He simply didn't need to turn in and cut slightly across LH in the way that he did.
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Both could have done more to prevent it, so racing incident for me. Those calling for harsher penalties don't seem to know how the regulations and penalty system work. Stewards don't take into account consequences of an on-track incident - consequences aren't known before the incident, and to do so would muddy the waters and make things ambiguous. Leaving MV's crash aside, stewards obviously felt Hamilton's manoeuvre was worthy of a 10 second time penalty. I don't even think it was worthy of that, but it certainly wasn't worth harsher.
Oh, and Christian 'Karen' Horner's and Helmut 'Helmet' Marko's comments about Hamilton after the race were unacceptable. I really want to like Red Bull, but their upper management make it really difficult to do so.