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Jaguar and Nissan have been hit with fines and testing restrictions for breaching Formula E’s cost cap regulations during the 2022-23 season, following the FIA’s Cost Cap Administration process. Th…
Jaguar and Nissan have both been penalized and subjected to testing restrictions for violating Formula E’s cost cap regulations during the 2022-23 season as a result of the FIA’s Cost Cap Administration process. These are the inaugural breaches of Formula E’s cost cap rules. Formula E implemented a cost cap of €13 million per season starting from the ninth season of the series in 2022-23, which also marked the debut of the GEN3 car. Apart from the teams, powertrain manufacturers are limited to a spending cap of €25 million over two consecutive seasons commencing from Season 9. Jaguar Racing and Nissan Formula E team were found to have committed minor breaches of the cost cap during Season 9, with Nissan’s infringement accounting for 2% of the cost cap, amounting to €269,252. Jaguar’s violation, on the other hand, stood at 0.6% of the cap, totaling £73,849. Nissan has been fined €300,000 and will lose half a day of pre-season testing, while Jaguar faces a €100,000 penalty and a corresponding testing loss. Both teams have accepted the penalties in an agreement with the FIA, and no appeals are allowed.
