P1racenews AI automatic summary:
The Nissan and Jaguar Formula E teams have been penalised for breaching Formula E’s financial regulations. Sam Smith explains the breaches and gives his take on the impact
The Jaguar and Nissan Formula E teams will be the first to serve a penalty for breaching Formula E’s cost cap regulations, resulting in them sitting out the first half-day of testing at Valencia next month. Nissan Formula E Team was fined €300,000 for a 1.96% breach, while Jaguar Racing received a financial penalty of €100,000 for a 0.6% infringement. Both teams have accepted the breach agreement from the FIA and cooperated throughout the review process, with no evidence of malicious intent. In the 2023 season, Nissan finished seventh in the team standings, while Jaguar Racing’s Mitch Evans finished third in the drivers’ table. Nissan attributed its breach to organizational changes as it brought its FE program in-house after it was previously managed by e.dams team.
