P1racenews AI automatic summary:
Formula 1’s governing body, the FIA, has announced the consequences of the breaches committed by engine manufacturers Honda and Alpine as part of the first review under F1’s new power unit manufacturer cost cap
The FIA has announced consequences for Honda and Alpine due to breaches under the new power unit manufacturer cost cap for Formula 1. Honda and Alpine were publicly disclosed as having committed procedural breaches and owe $600,000 and $400,000 respectively. Both manufacturers entered into Accepted Breach Agreements with the FIA to address the violations. The breaches reported for Alpine mainly stemmed from significant deficiencies in its initial submission, while Honda’s breach involved incorrect exclusion of certain costs in its financial calculations. Despite the breaches, both manufacturers remain under the cost cap limit, resulting in procedural breaches rather than overspending. Honda will pay a higher penalty of $600,000, and both companies will cover the costs incurred by the Cost Cap Administration.