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
Jorge Martin set to return at Czech MotoGP weekend...
Reigning MotoGP champion Jorge Martin is set to return to action at the...
17h ago from MotorsportWeek.c...
Maverick Vinales: ‘It was a big mistake’ to reject...
Maverick Vinales admitted it was a “big mistake” to reject offers...
1d ago from MotorsportWeek.c...
Lorenzo lands front row Start for Indianapolis GP
No description available...
1d ago from Motorsport.com
Marquez and Pedrosa complete perfect 1-2 in qualifying...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pietro Fittipaldi is fueled by 5-Hour Energy and lots...
No description available...
1d ago from Motorsport.com
How Scott Dixon pulled off another fuel-saving...
No description available...
2d ago from Motorsport.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
3d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Saudi’s first female racer welcomes a new future for...
No description available...
1d ago from Motorsport.com
F1 celebrates historic milestone with big events and...
No description available...
1d ago from Motorsport.com
Why Abu Dhabi is launching an ambitious new autonomous...
No description available...
1d ago from Motorsport.com
Wickens proves he’s ready for his new challenge
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal's stance on contract talks for breakout star...
Arsenal are reportedly confident that Ethan Nwaneri will sign a new...
7h ago from SportsKeeda.com
Arsenal supporters start petition to stop club from...
Arsenal fans have reportedly started a petition to stop the north London...
10h ago from SportsKeeda.com
Fabrizio Romano reveals key meeting over Arsenal...
Transfer expert Fabrizio Romano has provided an update on the future of...
13h ago from CaughtOffside.com
Arsenal chief Andrea Berta decides transfer fee cap...
Arsenal have reportedly decided not to pay more than what they believe is...
13h ago from SportsKeeda.com
Comments
Hottest News
Reason for Christian Horner's Red Bull sacking 'revealed'
More light has been shed on the reasons behind... Read More »
8h ago from GPFans.com
Helmut Marko breaks silence following Christian Horner...
Helmut Marko has released a statement following... Read More »
15h ago from RacingNews365.com
Red Bull document indicates potential detail behind...
Red Bull's recent corporate activity in Austria... Read More »
9h ago from MotorsportWeek.com
