News Details
Williams hit with FIA penalty after budget cap rules breach
Williams have entered into an ‘Accepted Breach Agreement' with the FIA, after the team broke the financial regulations applied for the 2021 season. Williams have been hit with a monetary fine by the FIA, following the Grove-based team breaching part of the 2021 financial regulations. F1 introduced a whole new set of regulations for the 2021 season, coinciding with the introduction of a $145 million dollar budget cap on performance and car-related expenditure. Strict controls on how this cap is monitored and regulated are in place, with the teams being responsible for paperwork regarding their accounts for submission to the FIA. However, the FIA's Cost Cap Administration notified...
Full Story »
Full Story »
3y ago from PlanetF1.com
0
You May Also Be Interested In...
Steiner: F1 teams must make budget cap work 'one way...
Haas team boss Guenther Steiner says all F1 teams must make this year's...
3y ago from F1i.com
Ferrari: F1 teams will hit budget cap ‘very soon’
Ferrari Team Principal Mattia Binotto has warned that Formula 1 teams will...
3y ago from MotorsportWeek.com
Steiner offers pragmatic response to Red Bull budget...
Article To news overview © Michael Potts / RacingNews365 Haas Team...
3y ago from RacingNews365.com
Unapologetic about budget cap: 'Then we'll split Red...
With the current budget ceiling, Formula 1 teams are not allowed to spend...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
19h ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
20h ago from Motorsport.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
1d ago from MotorsportWeek.c...
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
18h ago from MotorsportWeek.c...
Arrow McLaren expands IndyCar operations with new...
No description available...
17h ago from Motorsport.com
Why Rinus VeeKay believes there's more to come after...
No description available...
2d ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
6d ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
4d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
4d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal have 'very good chance' of signing 25-G/A star...
Arsenal are interested in signing the Crystal Palace attacker Eberechi Eze...
39m ago from CaughtOffside.com
Mosquera signs, Rice talks
Morning, happy Friday folks. Arsenal yesterday officially announced the...
5h ago from Arseblog.com
Official: Arsenal confirm the signing of 21-year-old...
Arsenal have officially completed the signing of Cristhian Mosquera from...
6h ago from FreshArsenal.com
Alexander Isak open to leaving Newcastle with...
t;li>Striker not in squad for pre-season friendlies in AsiaCristhian...
11h ago from TheGuardian.com
Comments
Hottest News
Ralf slams Bottas links as Cadillac driver race intensifies
Jul.25 Reports from multiple sources suggest... Read More »
39m ago from OneStopStrategy.com
Where new Red Bull F1 boss Laurent Mekies has already...
Max Verstappen has been buoyed by his first... Read More »
49m ago from MotorsportWeek.com
Norris fears F1 becoming ‘too fake' under new rules
Jul.25 F1 drivers say the incoming 2026... Read More »
39m ago from OneStopStrategy.com
