The FIA has fined both Honda and Alpine for procedural breaches in accordance with the yearly Formula 1 cost cap for the 2023 season.
The cost cap, which limited sides’ spending to $135 million in the last campaign, was adhered to by all of the F1 teams last term.
However, the governing body found that the Japanese and French marques were guilty of not complying with the necessary procedures.
This is the first year in which engine manufacturers have been required to work under the cost cap measures, and as a consequence, the FIA has decided to go lenient.
In a statement on its official website, the FIA says that both Honda and Alpine accepted the “Procedural Breach of the Power Unit Financial Regulations”, adding: “The Cost Cap Administration offered to both Power Unit Manufacturers (“PUMs”) an Accepted Breach Agreement (“ABA”) to resolve these matters.
“The offer was accepted by both PUMs. 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.”
The fines that have been paid to the FIA are $600,000 by Honda, and $400,000 by Alpine.
