zzdcar
Home
/
Reviews
/
Racing
/
Aston Martin's Formula 1 Cost Cap Issues Were Due to Desks and Chairs
Aston Martin's Formula 1 Cost Cap Issues Were Due to Desks and Chairs-April 2024
2024-02-19 EST 22:10:47

Image for article titled Aston Martin's Formula 1 Cost Cap Issues Were Due to Desks and Chairs

This morning, the FIA finally announced penalties for after the team overspent Formula 1's cost cap in 2021. It’ll have its wind tunnel and CFD hours reduced, but at the end of the day — but lost in the online discourse is the fact that Aston Martin also had cost cap filing errors, and possibly for the most hilarious reason in the world. It messed up filing expenditures for office furniture.

This fun fact was brought to my attention by Jalopnik’s own Ryan King, who pointed out the concern via Twitter:

Whereas Red Bull was fined for a “minor overspend breach,” Aston Martin has sustained a $450,000 fine for a “procedural” breach. The FIA noted that Aston’s issues regarded the fact that the team “inaccurately excluded and/or adjusted costs in the calculation of its relevant costs.” As pointed out by the FIA, that included the “cost of desks and chairs,” along with catering services, unrecorded costs and losses regarding sponsor services, signing bonuses, and simulator fees.

In essence, the FIA decided that the team just fumbled paperwork and didn’t intend to breach the cost cap in order to gain an advantage. The team did, after all, finish a meager seventh in the constructors’ standings and has only faced more difficulties this year. Inaccurately recording office furniture expenses probably didn’t make the team better or worse than the competition.

Further, the FIA lauded Aston Martin’s acceptance of the fact that it did breach the cost cap — a significant departure from Red Bull Racing’s adamant denial that it could possibly have overspent.

The team has 30 days to pay back its $450,000 fine, after which point the overspend will be swept under the rug. Presumably the team will be a little more keen on accurately filing office furniture costs in the near future.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Racing
After Delivering 8 Seasons At The Back Of The Grid, Haas F1 Team Dumps Guenther Steiner
After Delivering 8 Seasons At The Back Of The Grid, Haas F1 Team Dumps Guenther Steiner
The partially North Carolina-based squad has determined that after , it needs to mix things up a little. The team’s firebrand has been following an abysmal 2023 season which saw the team score just four points-paying finishes. The team’s , where scored a fourth-place finish, but that season too...
Apr 20, 2025
Get Ready To Spend All Your Money On Retro Formula 1 Merch
Get Ready To Spend All Your Money On Retro Formula 1 Merch
Fellow nerds, get ready to open your wallets, because I’ve found what may be the greatest store of all time. With designs from Formula 1 teams like , you’re sure to find something that fits your particular nostalgic niche. I’d like to introduce you to Racing Retro. I first...
Apr 20, 2025
Listen To In-Car Audio From Race Cars While You Work
Listen To In-Car Audio From Race Cars While You Work
If you follow racing in the U.S., you probably already know about the . Most of the episodes are too much of a distraction to put on as background noise while you work, but a couple of recent entries in his series have been working incredibly well for me....
Apr 20, 2025
Local Businesses Want Compensation After Allegedly Losing Money During Formula 1 Las Vegas Grand Prix
Local Businesses Want Compensation After Allegedly Losing Money During Formula 1 Las Vegas Grand Prix
If you listen to Formula 1 or local officials from Las Vegas and Clark County, you’d probably think November’s inaugural Las Vegas Grand Prix was a success. Some sources estimated that the city of Las Vegas made over $1 billion in revenue from the event — but there were...
Apr 20, 2025
Race Team Would Rather Create A Fake AI Woman Rather Than Hire A Real One
Race Team Would Rather Create A Fake AI Woman Rather Than Hire A Real One
In another unsurprising example of motorsport’s inhospitable mindset toward hiring competent women, the Racing team has announced a new partnership with Ava Rose, a literal , who will... engage with fans? Share knowledge about technology? “Navigate the cutting edge of innovation to create positive change” (whatever that means)? I...
Apr 20, 2025
You've Probably Never Heard Of The Coolest Canadian Car Ever Built
You've Probably Never Heard Of The Coolest Canadian Car Ever Built
Name a car from the early 1960s built by a famed racing driver with curvy, lightweight aluminum bodywork, a big American engine, and a reputation for being unruly and fast as all hell. Your first thought was probably the famed Shelby Cobra, did you know there was a who...
Apr 20, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved