News Details

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...
Full Story »
2mo ago from Pitpass.com 0
Share

You May Also Be Interested In...

FIA confirm all F1 teams compliant with 2023 cost cap,...

The FIA has announced that all 10 Formula 1 teams were compliant with the...
2mo ago from MotorsportWeek.com

What happens next after Alpine and Honda F1 cost cap...

The FIA has announced that Alpine Racing SAS and Honda Racing Corporation...
2mo ago from RacingNews365.com

FIA conclude budget cap investigation: Alpine and...

For several years now, the 10 F1 teams have not been allowed to spend more...
2mo ago from GPBlog.com

FIA confirm two breaches in latest F1 cost cap review

All 10 teams submitted their accounts for the FIA to inspect for the 2023...
2mo ago from RacingNews365.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

AJ Foyt technical director Michael Cannon leaves team

Michael Cannon, AJ Foyt Racing’s revered engineer and technical...

Chip Ganassi Racing announces driver development...

Chip Ganassi Racing has launched a new driver development program, which...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal transfer news: Arteta 'determined to...

Arsenal manager Mikel Arteta is reportedly seeking to strengthen his...
1h ago from SportsMole.co.uk

Manchester United transfer news: Amorim 'suffers...

New Manchester United manager Ruben Amorim suffers a blow in his pursuit...
24m ago from SportsMole.co.uk

Premier League title race: Man City told why Liverpool...

Sports Mole and Man City expert Steven McInerney discuss why the Citizens...
1h ago from SportsMole.co.uk

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.