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
Attritional German GP matches record for fewest...
No description available...
7h ago from Motorsport.com
Marc Márquez wins crash-filled German MotoGP as just...
t;li>Márquez holds off brother Alex to extend title leadFrancesco...
8h ago from TheGuardian.com
MotoGP German GP: Marc Marquez dominates for victory...
No description available...
10h ago from Motorsport.com
Marc Marquez dominates to take victory in crash-heavy...
Marc Marquez produced a dominant showing to seal a ninth German MotoGP...
10h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Palou returns to the top with Iowa Speedway victory
The second IndyCar race in as many days took place at Iowa Speedway on...
2h ago from MotorsportWeek.c...
Alex Palou wins a strategic IndyCar Iowa Speedway Farm...
No description available...
37m ago from Motorsport.com
IndyCar Iowa – Race 2 Results
The second race of IndyCar’s double-header took place on Sunday...
2h ago from MotorsportWeek.c...
Arrow McLaren’s Nolan Siegel not cleared to race in...
No description available...
7h ago from Motorsport.com
Popular On TotalWRC.com
Alex Palou wins a strategic IndyCar Iowa Speedway Farm...
No description available...
47m ago from Motorsport.com
WEC Sao Paolo 6 Hours: Cadillac claims a dominant 1-2...
No description available...
1h ago from Motorsport.com
Arrow McLaren’s Nolan Siegel not cleared to race in...
No description available...
7h ago from Motorsport.com
Attritional German GP matches record for fewest...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal take step closer to signing £68m Premier...
Arsenal are making moves in the summer transfer window, and with deals for...
2h ago from CaughtOffside.com
Arsenal close to completing deal for superstar forward...
Arsenal are reportedly close to completing the deal to sign Viktor...
4h ago from SportsKeeda.com
Arsenal close to completing long-awaited transfer...
Arsenal have long desired the signing of a prolific striker, and in the...
4h ago from CaughtOffside.com
Arsenal agree 63.5m Viktor Gyökeres deal with...
t;li>Total cost of deal likely to be close to 80mMadueke close to...
2h ago from TheGuardian.com
Comments
Hottest News
Christian Horner backed for stronger F1 RETURN after Toto...
Recently sacked F1 boss Christian Horner has been... Read More »
3h ago from GPFans.com
Geri Horner faces spiralling debt amid Christian Horner Red...
Geri Halliwell-Horner is facing a financial blow... Read More »
8h ago from GPFans.com
Red Bull F1 chiefs have 'given up' Max Verstappen fight
Max Verstappen's F1 future remains uncertain, but... Read More »
4h ago from GPFans.com
