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F1: Alpine and Honda in procedural breach of budget cap regulations
The FIA has revealed that both Alpine and Honda committed procedural breaches of the 2023 financial regulations, though neither exceeded the cost cap. The FIA's Cost Cap Administration (CCA) has completed its review of the reporting documentation in respect of the reporting period that ended on 31 December 2023, submitted by each F1 team that participated in the 2023 World Championship and by each Power Unit (PU) manufacturer registered to supply the new generation of PU that will be introduced from 2026. 2023 is the third year of implementation of the Financial Regulations for F1 teams and the first year of implementation of the financial regulations for PU manufacturers. The review of...
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