P1racenews AI automatic summary:
F1’s governing body the FIA has unveiled the results of the review into teams’ and power unit manufacturers’ submissions over 2024 cost cap compliance
The FIA has announced the results of the review on Formula 1 teams’ and power unit manufacturers’ submissions regarding 2024 cost cap compliance. Aston Martin was found to be the only entity in breach, while the other nine teams and five relevant engine manufacturers passed scrutiny.
There was anticipation in the paddock about a potential serious breach, causing delay in the release of the final report. The review process lasted seven months due to complexities in financial regulations and assessing technical aspects of activities.
Aston Martin’s breach was described as “very minor”, involving submitting unsigned documents before the deadline. They did not gain advantage from the breach, leading to no additional sanctions beyond covering the costs of the Accepted Breach Agreement.
The undisclosed exceptional circumstances were noted as factors beyond Aston Martin’s control. The team was eventual in obtaining the required signature for the documentation. The report emphasized the thoroughness of the review and compliance process in ensuring fairness and accuracy.
