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Alpine and Honda fined for breaching financial regulations

The FIA has confirmed that two F1 engine manufacturers, Honda and Alpine have been fined for breaching cost cap ,with both companies have been found to be in procedural breach of the power unit financial regulations. On 11th September, the FIA confirmed that its Cost Cap Administration 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 FIA Formula One World Championship and by each power unit 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...
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1mo ago from F1Technical.net 0
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