P1racenews AI automatic summary:
The FIA has announced that Alpine Racing SAS and Honda Racing Corporation were in procedural breach of the rules.
Alpine Racing SAS and Honda Racing Corporation (HRC) have both been found in breach of F1’s power unit cost cap rules for 2023. The cost cap came into effect on January 1st, 2023, aligning with the cost cap for grand prix teams in place since 2021. The cost cap limit for teams was set at $135 million for the season, with an additional allowance for extra races beyond the stipulated 21, totaling $138.6 million. All 10 teams complied with the limit. Despite both Alpine and HRC meeting the $95 million spending limit for PU manufacturers, they were found to have procedural breaches and must enter into an Accepted Breach Agreement with the FIA. This formal mechanism was also used in 2022 when penalties were imposed on Red Bull for breaching the spending limit in 2021. ABAs are permitted for procedural breaches or minor overspends, with Aston Martin, Williams, and Red Bull facing penalties and fines for breaches in 2021. The FIA acknowledged the cooperation of Alpine Racing SAS and HRC and aims to resolve the breaches through Accepted Breach Agreements given the challenges of new financial regulations for PU manufacturers.