Accepted Breach Agreement between AMR GP Limited and the FIA for breach of the 2024 FIA Formula One Financial Regulations
AMR GP Ltd (“AMR”) was found to be in Procedural Breach of the Formula 1 Financial Regulations notwithstanding the fact that their Relevant Costs during the 2024 Reporting Period were below the Cost Cap. The Cost Cap Administration offered to AMR an Accepted Breach Agreement (“ABA”) to resolve the matter. The offer was accepted by AMR. The […]