The red
Image Source: IANS
Honda And Alpine Commit Procedural Breach Of F1 Cost-cap Regulations
Both Alpine Racing SAS: Engine manufacturers Honda and Alpine have both committed procedural breaches of Formula 1’s cost-cap regulations. The breaches, which occurred during the 2023 season, did not involve overspending but rather discrepancies in financial reporting, as confirmed by the sport's governing body FIA.
Honda, the engine supplier for reigning world champions Red Bull, and Alpine, the manufacturer for the Renault-owned F1 team, are both said to have cooperated fully with the FIA’s investigation.
In a statement, the FIA emphasised that neither company had exceeded the cost cap but had instead made administrative errors while submitting their financial information.
Advertisement
Related Cricket News on The red
Cricket Special Today
-
- 05 Oct 2024 01:56
-
- 02 Oct 2024 09:13
-
- 13 Sep 2024 12:23
-
- 10 Sep 2024 12:01
-
- 29 Aug 2024 01:18
-
- 06 Aug 2024 11:28