On 28 October 2025, the FIA confirmed that every Formula 1 team remained within the sport’s financial regulations for the 2024 season, with Aston Martin the only outfit noted for a minor procedural slip rather than a spending breach.
The finding came after the FIA’s Cost Cap Administration (CCA) completed its seven-month audit of all ten teams and five power unit manufacturers. The governing body praised the “spirit of good faith and cooperation” shown across the paddock, describing the process as complex but ultimately conclusive: nobody overspent.
Aston Martin’s issue, which had already been under review, related to a late submission of financial documents, caused, according to the FIA, by unforeseen external factors that delayed the team’s independent auditors. Draft paperwork was filed before the 31 March deadline, but the auditors’ final sign-off didn’t arrive until 15 April.
“The FIA confirms that all F1 teams and all PU manufacturers gave their full support in providing the required information. The CCA notes that all F1 teams and all PU manufacturers acted at all times in a spirit of good faith and co-operation throughout the process.”
Given the nature of the delay, the FIA accepted Aston Martin’s explanation and issued no penalty. The matter was settled via an Accepted Breach Agreement (ABA), with Aston Martin covering the administrative costs linked to the process.
“The cost cap administration recognised that exceptional and unpredictable circumstances led to the procedural breach and that AMR have acted cooperatively and in good faith throughout the review process. No financial penalties were levied to AMR due to these exceptional and unpredictable circumstances and the cost cap administration confirm that there is no accusation or evidence that AMR has sought or obtained any undue advantage as a result of the breach.”
The confirmation marked a clean financial bill of health for all ten teams, a stark contrast to the controversies seen in earlier cost-cap seasons. It’s a sign that the once-contentious system is finally settling into place, with teams now more comfortable navigating the fine print of Formula 1’s financial rulebook.
For fans, that means more focus on racing and less on spreadsheets, a win all around as the sport heads into the 2025 season with its budgets balanced and its credibility intact.
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