News Details
Aston Martin fined by FIA for cost cap procedural breach
Aston Martin has been fined $450,000 by the FIA for a procedural breach of Formula 1's 2021 cost cap regulations. The Silverstone-based outfit was singled out - along with Red Bull racing - for its administrative transgression following the FIA's comprehensive audit of all the F1 teams' financial accounts that was concluded in March of this year. Unlike Red Bull, it was found that Aston Martin's spending last season did not exceed F1's mandatory $145 million budget cap. However, a procedural breach was identified. This was not contested by Aston Martin which entered into an Accepted Breach Agreement to permanently settle the matter. Read also: FIA hits Red Bull with $7M fine for 2021 cost...
Full Story »
Full Story »
You May Also Be Interested In...
Aston Martin fined for procedural breach of F1 cost cap
Article To news overview © XPBimages Aston Martin has entered into an...
2y ago from RacingNews365.com
Aston Martin issued fine for procedural F1 budget cap...
The FIA has confirmed Aston Martin's penalty for a procedural breach of...
2y ago from MotorsportWeek.com
Aston Martin fined for Procedural Breach
Aston Martin committed a Procedural Breach of the 2021 Financial...
2y ago from SpeedCafe.com
Aston Martin provide update on FIA penalty for budget...
Whilst the spotlight has been heavily on Red Bull in the past weeks, with...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez undergoes shoulder surgery after...
No description available...
14h ago from Motorsport.com
Brad Binder opens up on 2025 MotoGP struggles and the...
No description available...
8h ago from Motorsport.com
MotoGP not planning to increase calendar past 22 races
No description available...
9h ago from Motorsport.com
Aprilia interested in Miguel Oliveira as MotoGP test...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Why McLaren is suing reigning IndyCar champion for $20...
The court case centred on McLaren Racing and 2025 IndyCar Champion Alex...
1d ago from MotorsportWeek.c...
Lochie Hughes secures IndyCar reserve role with...
Andretti Global has announced a continued partnership with Lochie Hughes...
6d ago from MotorsportWeek.c...
IMSA’s AO Racing considering expansion, possibly...
AO Racing, one of the more popular teams racing in IMSA currently, is...
1w ago from MotorsportWeek.c...
Five IndyCar teams jump start offseason testing at...
Five different IndyCar teams completed a test at Mid-Ohio Sports Car...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
The challenges Kalle Rovanpera will face in...
No description available...
3d ago from Motorsport.com
Ott Tanak reverts to older-spec Hyundai for WRC’s...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera to leave WRC for Super Formula in 2026
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Martin Odegaard's injury opens door for one Arsenal...
Arsenal have been delivered a significant blow after confirmation that...
3h ago from CaughtOffside.com
'Wasn’t the right match' – Arsenal summer...
Arsenal summer signing Christian Norgaard has made a surprise admission...
5h ago from CaughtOffside.com
Real Madrid and Arsenal interested in signing...
European giants Arsenal and Real Madrid are among a number of sides...
5h ago from SportsKeeda.com
Arsenal expect Martin Ødegaard to miss six weeks with...
t;li> Captain could return for November’s north London derby Eberechi...
6h ago from TheGuardian.com
Comments
Hottest News
Lewis Hamilton Demands Ferrari Action, Heads Could Roll
Seven-time Formula 1 world champion Lewis... Read More »
2h ago from Formula1News.co.uk
Lewis Hamilton takes action after major Ferrari exits
Seven-time F1 champion Lewis Hamilton has... Read More »
7h ago from GPFans.com
Danger! High Voltage: F1 fans STUNNED by Yuki Tsunoda post
A social media post from Red Bull depicting F1... Read More »
3h ago from GPFans.com
