News Details
FIA penalise F1 team Williams for budget cap breach
Article To news overview © XPB Images Williams F1 have been punished by the FIA after failing to submit their 'Full Year Financial Reporting Documentation' in time for the FIA's March 31, 2022 deadline. F1 teams have been forced to operate within a spending cap since the start of the 2021 season. That cap is currently at $140m but will fall to $135m next term. However, Williams have not landed themselves in trouble with the FIA by overspending this cap, but have instead submitted their paperwork (outlining their spending) too late. The Oxfordshire-based team have become the first to be in breach of budget cap rules. They have been fined $25,000. Williams fined $25,000 The FIA say that...
Full Story »
Full Story »
3y ago from RacingNews365.com
0
You May Also Be Interested In...
FIA's decision not to penalise Red Bull labelled...
Formula 1 journalist Roberto Chinchero cannot fathom why the stewards...
3y ago from Formula1News.co.uk
‘We don't understand': Ferrari criticise FIA for...
Ferrari team principal Mattia Binotto is perplexed by the FIA’s...
3y ago from Formula1News.co.uk
Ocon slams stewards for ‘unfair' penalty after...
Alpine’s Esteban Ocon was left wondering what had changed between last...
3y ago from Formula1News.co.uk
Williams hit with FIA penalty after budget cap rules...
Williams have entered into an ‘Accepted Breach Agreement' with the...
3y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
14h ago from MotorsportWeek.c...
Honda wouldn’t even be in top 10 without mid-year...
No description available...
15h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
11h ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
1d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
2d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
14h ago from Motorsport.com
Toyota brings Corolla back to rallying with all-new...
No description available...
18h ago from Motorsport.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Mikel Arteta admits long-term future at Arsenal...
t;li>Spaniard approaches sixth anniversary in chargeArteta ‘has to...
6h ago from TheGuardian.com
'It has to be this year' - Thierry Henry sends PL...
Arsenal legend Thierry Henry has told club manager Mikel Arteta to avoid...
12h ago from SportsKeeda.com
Premier League news: Guardiola dismisses exit talk and...
No description available...
11h ago from TheGuardian.com
'I don't want to leave' – Arsenal star ends all...
Gabriel Jesus has delivered a powerful statement of intent regarding his...
18h ago from CaughtOffside.com
Comments
Hottest News
Mercedes reveal how 'new era' of F1 cars will sound in 2026
Mercedes have revealed the first taste of their... Read More »
7h ago from GPFans.com
Why the FIA is already facing controversy surrounding...
F1 is edging towards its first major dispute of... Read More »
8h ago from MotorsportWeek.com
Silver Arrow’s sonic boom: Mercedes teases 2026 engine...
Mercedes has given F1 fans a first taste of what... Read More »
11h ago from F1i.com
