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 »
3w 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...
3w 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...
3w 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...
3w 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...
3w ago from RacingNews365.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals how he ‘lost the front...

Jorge Martin disclosed he 'lost the front quite heavily,' which almost...

Francesco Bagnaia determined to retain MotoGP title...

Francesco Bagnaia says that he is determined to “keep this...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal transfer news: Mikel Arteta 'green lights'...

Arsenal manager Mikel Arteta reportedly gives the thumbs-up to the Gunners...
2h ago from SportsMole.co.uk

Sports Mole's Premier League Team of the Week: Bukayo...

Sports Mole picks its Premier League Team of the Week for gameweek seven,...
5h ago from SportsMole.co.uk

Transfer news: Ten Hag's Man United future, Haaland...

This article was originally published on Fabrizio Romano’s Daily...
8h ago from CaughtOffside.com

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.