Teams Pass FIA Test, Alpine & Honda Stumble
The FIA, the governing body of Formula 1, has given the all-clear to the sport’s teams after reviewing their 2023 accounts, confirming that they’ve all managed to keep their spending within the prescribed limits. However, the same cannot be said for Alpine and Honda, who have been caught with their hands in the procedural cookie jar when it comes to power unit regulations.
The cost cap, which is about as popular among F1 teams as a vegan at a barbecue, was set at a basic limit of $135 million for the 2023 season.