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...
3y 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...
3y ago from MotorsportWeek.com
Aston Martin fined for Procedural Breach
Aston Martin committed a Procedural Breach of the 2021 Financial...
3y 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...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
4h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
3h ago from MotorsportWeek.c...
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
8h ago from Motorsport.com
What made Aprilia so dominant in Brazilian GP after...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
2h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
2d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
6d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
3d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Without regulation, AI will threaten the very thing...
Technology has driven countless evolutions in football – and so much of...
3h ago from CaughtOffside.com
Paul Merson makes prediction about Arsenal facing...
Premier League legend Paul Merson has questioned whether Arsenal can beat...
4h ago from SportsKeeda.com
Pundit questions if Arsenal need £69 million-rated...
Former England star Chris Waddle has claimed that Newcastle United star...
4h ago from SportsKeeda.com
Paul Scholes names the one Arsenal star who 'might...
Paul Scholes believes Max Dowman could save Arsenal's season after their...
4h ago from SportsKeeda.com
Comments
Hottest News
Audi F1 rift rumours continue amid ‘long...
Jonathan Wheatley had, days before his Audi F1... Read More »
1h ago from MotorsportWeek.com
Helmut Marko issues stark Adrian Newey revelation amid...
Helmut Marko has revealed that Adrian Newey is... Read More »
47m ago from MotorsportWeek.com
Could F1 fans be sued? Driver abuse takes chilling twist
Former F1 driver Ralf Schumacher has suggested... Read More »
57m ago from GPFans.com
