All 10 F1 teams met 2022 cost cap

All ten Formula 1 teams complied with the F1 cost cap regulations in 2022, the FIA has revealed. As a result none of the teams will suffer penalties.

In 2021 Red Bull, Aston Martin and Williams were all sanctioned after breaching the F1 regulations in one way or another, but in 2022 no teams accounts showed them spending over the $135million maximum.

Williams and Aston Martin were fined in 2022 after procedural breaches – largely around late filing or misfiling of the relevant paperwork – while Red Bull was handed a larger fine after breaching the cost cap overall.

In a statement the FIA said: "The FIA Cost Cap Administration has issued certificates of compliance to all of the ten Competitors.

"The review has been an intensive and thorough process, beginning with a detailed analysis of the documentation submitted by the competitors.

"Additionally, there has been an extensive check of any non-F1 activities undertaken by the teams, which comprised multiple on-site visits to team facilities and careful auditing procedures to assess compliance with the Financial Regulations.

"The FIA Cost Cap Administration notes that all Competitors acted at all times in a spirit of good faith and cooperation throughout the process."