Honda Racing Corporation Archives - Motorsport

Honda and Alpine F1 enter Accepted Breach Agreement following procedural breach of the Power Unit Financial Regulations

Rebecca Malitz3 weeks ago3 weeks ago03 mins

For the 2023 F1 season, the FIA implemented a cost cap of $ 95 million for the power unit manufacturers, which coexists with the cost cap for the manufacturers first introduced for the 2021 season. Accordingly, this year marked the first year the Power Unit Manufacturers had to submit documentation for the 2023 reporting period…

CCA finds Alpine and Honda in Procedural Breach of 2023 F1 Cost Cap Regulations

Karishma Persad2 months ago2 months ago04 mins

Following a “thorough and intensive review” of Reporting Documentation submitted to its Cost Cap Administration (CCA) for the 2023 FIA Formula One World Championship, motorsport’s governing body, the Fédération Internationale de l’Automobile (FIA), has announced all 10 Formula One (F1) teams were found to have complied with financial regulations. The Financial Regulations for F1 Teams,…