The FIA has announced the completion of its review of compliance with the 2024 Formula 1 season cost cap regulations, revealing nine teams were compliant.
Last week, it was confirmed that Aston Martin had incurred a minor breach via an administrative error, in which it was transparent throughout and received no financial or sporting penalty.
Amid this revelation, rumours circulated that a second team – thought to be one of the ‘big four’ – had also breached the cost cap, but this time on a much bigger scale.
However, with the FIA’s announcement, the rumours were unfounded, and the results showed that: “9 F1 Teams found in compliance for 2024, and Procedural Breach identified for AMR GP Ltd (AMR). The CCA confirms that although AMR has been found to be in Procedural Breach, it has not exceeded the Cost Cap level, and that the Procedural Breach was of a very minor nature, originated by unpredictable circumstances outside the control of the F1 Team. AMR and FIA have entered an ABA on 29 September 2025 to resolve the matter.”
In confirmation of Aston Martin’s breach, the FIA said in a statement: “AMR GP Ltd (“AMR”) was found to be in Procedural Breach of the Formula 1 Financial Regulations notwithstanding the fact that their Relevant Costs during the 2024 Reporting Period were below the Cost Cap.
“The Cost Cap Administration offered to AMR an Accepted Breach Agreement (“ABA”) to resolve the matter. The offer was accepted by AMR. The Cost Cap Administration recognised that exceptional and unpredictable circumstances led to the Procedural Breach and that AMR have acted cooperatively and in good faith throughout the review process.
“No financial penalties were levied to AMR due to these exceptional and unpredictable circumstances and the Cost Cap Administration confirm that there is no accusation or evidence that AMR has sought or obtained any undue advantage as a result of the breach.”
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