Aston Martin Racing has successfully navigated the conclusion of the 2024 Formula 1 cost cap review without receiving any sporting or financial penalty.
The FIA confirmed today that the Silverstone-based outfit was found to have committed a procedural breach of the financial regulations, making them the only team to fall foul of the rules for that reporting period.
However, the governing body recognised "exceptional and unpredictable circumstances" and confirmed that Aston Martin did not exceed the spending limit, leading to the matter being resolved via an Accepted Breach Agreement (ABA).
Administrative slip negates sporting penalty
The breach was traced back to an administrative oversight: Aston Martin failed to submit the fully signed versions of its audited financial statements by the March 31 deadline.
While this technically violated the procedure, the FIA's Cost Cap Administration (CCA) acknowledged that the team acted in "good faith" and corrected the issue transparently before the final review concluded.
The FIA statement confirmed: “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.”
Crucially, the CCA found no accusation or evidence that AMR has sought or obtained any undue advantage as a result of the breach, allowing them to escape sanctions beyond covering the administrative costs of the ABA.
Compliance across the F1 grid maintained
The FIA’s announcement brings a welcome resolution to the tension that had built in the paddock, particularly after the final report was delayed beyond its usual publication window.
The governing body confirmed that nine other F1 teams and all five power unit manufacturers were found to be in full compliance with the 2024 financial regulations.
This outcome avoids the major sporting headache of a points deduction that major overspends often bring, instead categorising the issue as an administrative footnote.
For Aston Martin, who have committed significant resources toward their 2026 technical overhaul, avoiding any sporting penalty is a major win as they focus on next season’s challenge alongside Fernando Alonso and Lance Stroll.
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