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Aston Martin fined for procedural breach of F1 cost cap
Article To news overview © XPBimages Aston Martin has entered into an Accepted Breach Agreement (ABA) and been handed a $450,000 fine for their breach of the 2021 cost cap. While they didn't go over the $145 million cost cap limit or gain any competitive advantage from committing the breach, they did commit a procedural breach of the rules. Procedural breaches can include late submissions, failure to submit interim documents, failure to cooperate with written requests from the FIA Cost Cap Administration, or submitting paperwork which is deemed inaccurate, incomplete, or misleading. The FIA states that Aston Martin co-operated through the accounting review process and that it did not...
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2y ago from RacingNews365.com
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