Sunday, December 22, 2024

Share

Nissan and Jaguar issued testing bans on account of cost cap violations

Nissan and Jaguar Formula E teams have been handed partial testing bans and fines after each teams exceeded the championship cost cap for the 2022-23 season.

After completing a review of the records of all 11 Formula E teams, the FIA ​​announced on Wednesday that it had found Jaguar and Nissan had exceeded the price limit of €13,668,000 (£11,634,213).

- Advertisement -

Nissan was found to be 1.96% over the limit (€269,252/£223,730) while Jaguar was found to be 0.6% over the limit (€88,883/£73,849) and each teams are forced to depart first. three hours of pre-season testing in Valencia on November 4 as a penalty.

This means Nissan's Oliver Rowland and Norman Nato, in addition to Jaguar's Mitch Evans and Nick Cassidy, is not going to participate within the afternoon session, with the teams also being fined €300,000 and €100,000 respectively.

“The Cost Cap Administration found that it did [Jaguar and Nissan] We acted collaboratively throughout the review process and endeavored to supply additional information and evidence in a timely manner where requested,” the FIA ​​said in a press release.

“That that is the primary yr of full application of the Financial Regulations and that there are not any allegations or evidence of the existence of aggravating aspects or that at any time these undertakings have sought to act in bad faith, dishonestly or fraudulently, or have deliberately withheld any information from the administration on Cost Limits.

Norman Nato, Nissan Formula E team, Nissan e-4ORCE 04

Norman Nato, Nissan Formula E team, Nissan e-4ORCE 04

Photo: Simon Galloway / Motorsport Images

On October 15, Nissan and Jaguar signed an Acceptance of Breach Agreement (ABA), confirming that the teams accepted the findings and the sporting and financial penalties.

Nissan finished seventh within the teams' championship for the 2022-2023 season, which was the primary yr of recent financial regulations for Formula E and the Gen3 automotive.

“The Nissan Formula E team has determined that these minor violations are solely related to the process of interpreting and adapting the new Financial Regulations at a time when the team was also facing specific challenges related to the change of ownership, full restructuring and transfer,” Nissan said in a press release.

“Since then, the Nissan Formula E team has taken all necessary precautions to avoid these types of miscalculations and oversights in the future.”

Jaguar finished second within the 2022-2023 Teams Championship, losing the title to the Envision customer team, with Evans coming inside a whisker of the Drivers' Crown.

“This is an extremely complex process and although Jaguar Racing has acted at all times in good faith, with honesty, integrity and in a spirit of transparency and cooperation, we acknowledge that procedural errors in the submission of claims resulted in a minor breach of the overspend rules,” it said. Jaguar statement. .

“Following consultation with the FIA, we consider that had we reported accurately, we might have fully complied with the team cost cap and there would have been no minor breach of overspend rules.

“Unfortunately, we understand that the present rules don’t allow for re-submission of the appliance and due to this fact, on account of these unintentional procedural errors, we’ve got found ourselves with a really slight overdraft.

“At no point did we seek or gain a technical or athletic advantage, as is clear and borne out by the Cost Cap Administration findings and the character of the ABA.

“We will continue to work closely with the FIA ​​on the development and application of the cost cap, in the best interests of Formula E – the pinnacle of electric racing.”

Read more

Advertisementspot_img

Related