Aston Martin has escaped a penalty after the FIA confirmed that the team committed only a “very minor" procedural breach of Formula One’s 2024 cost cap regulations.

The FIA’s delayed financial report had fuelled rumours of a major breach, but the governing body ended speculation on Tuesday, clarifying that Aston Martin’s mistake was purely administrative.

The team reportedly failed to submit a signed version of its audited financial statements by the March deadline, a formality missed due to what the FIA called “unpredictable circumstances outside the team’s control."

Crucially, Aston Martin did not exceed the cost cap.

The FIA said the Silverstone-based outfit acted “cooperatively and in good faith" throughout the process and had already resolved the matter under an Accepted Breach Ag

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