F1: Honda and Alpine Penalised by FIA Over Engine Cost Cap Breach

F1 engine manufacturers Honda and Alpine have been fined by the FIA for minor procedural breaches related to the 2023 cost cap. While both companies stayed within the overall spending limit, they failed to follow specific administrative guidelines. Honda Racing Corporation (HRC) was fined USD 600,000, and Alpine's penalty was USD 400,000.

The breaches were minor oversights in the complex administrative processes of the cost cap. Both teams were cooperative and transparent with the FIA throughout the investigation. The FIA's decision to accept a breach agreement highlights the minor nature of the infractions and the willingness of all parties to resolve the matter efficiently. This outcome ensures that the focus remains on the on-track competition and the technological advancements that drive Formula 1 forward.

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In a statement, the FIA said: 'The Cost Cap Administration recognised that both PUMs have acted cooperatively and in good faith throughout the review process and have sought to provide additional information and evidence when requested in a timely manner, that this is the first year of the full application of the Power Unit Financial Regulations and that there is no accusation or evidence that either Alpine or HRC has sought or obtained any undue advantage as a result of the breach.'

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Formula 1 has implemented strict financial regulations to ensure fair competition among teams. In 2021, a cost cap was introduced for teams, limiting their spending on car development and operations. The following year, a similar cap was imposed on power unit manufacturers.

In the first year of the team cost cap, three teams faced penalties for breaching the regulations. Red Bull exceeded the spending limit, while Aston Martin and Williams were found guilty of procedural violations. However, for the 2023 season, all teams successfully adhered to the cost cap regulations.