Renault and Honda fined for procedural errors in 2023 budget cap

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Formula 1 engine manufacturers, sling bag and Alpine (renault), agreed to pay fines due to violations of the engine cost limit regulations established by the FIA. From 2023, the teams are required to respect the budget limit established by the FIA ​​to guarantee the correct procedures and thus generate a fairer and more equal competition.

According to ‘Motosport’ Honda will pay $600,000, while the fine for Alpine It will be 400,000 dollars. Both companies reached a non-compliance agreement with the FIA, which acknowledged that they had made administrative errors in the presentation of their financial reports. In addition, both companies must cover the administrative costs incurred by the FIA ​​​​Cost Limits Administration during the investigation of their violations.

Although all met the budget, Alpine and sling bag They were punished in September for procedural violations. Other teams and manufacturers followed to the letter the specifications and regulations imposed by the FIA.

Source: La Verdad

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