FIA exonerates all teams as rumors regarding the budget cap fall apart.

FIA exonerates all teams as rumors regarding the budget cap fall apart.

      The FIA has officially concluded its review of the 2024 cost cap, confirming that all ten Formula 1 teams adhered to the financial limits, thereby alleviating concerns regarding alleged overspending by McLaren and Mercedes.

      In a detailed statement, the governing body described the review as "a very thorough and intensive process spanning seven months," involving "complex technical assessments" related to both team and power unit operations.

      Ultimately, only Aston Martin was identified as having committed a minor procedural breach for failing to submit a signed document on time due to "exceptional and unpredictable circumstances." The FIA noted that the team acted "cooperatively and in good faith throughout the process" and did not gain "any undue advantage."

      No financial or sporting penalties were imposed.

      Additionally, the FIA elaborated on why the annual certification process took longer than usual. The Cost Cap Administration reported that the delay stemmed from the "necessity to perform detailed assessments on complex transactions and cost treatments," but emphasized that all teams and power unit manufacturers "acted at all times in a spirit of good faith and cooperation."

      As a result, nine teams received a clean bill of health, and all five power unit suppliers—Red Bull Powertrains, Mercedes, Ferrari, Renault, and Audi—were deemed compliant.

      This decision effectively puts an end to speculation in Mexico and Austin regarding the investigation of two top teams, widely believed to be McLaren and Mercedes, for significant budgetary discrepancies.

FIA exonerates all teams as rumors regarding the budget cap fall apart.

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FIA exonerates all teams as rumors regarding the budget cap fall apart.

Formula 1 | The FIA has formally concluded its review of the 2024 cost cap, confirming that all ten Formula 1 teams adhered to the financial limits, bringing an end to intense (…)