McLaren has been fined €400,000 by a series it doesn’t compete in any more.The now defunct McLaren Formula E Team has been found to have breached the Formula E teams cost cap in the 2024-25 Formula E season, the last of its three seasons in the all-electric world championship.The breach, which has been described by the FIA as a “minor overspend”, arose primarily from “costs associated with the orderly wind-down of the team following its decision to cease participation in the championship at the conclusion of Season 11 (2024-25)”.The holding company of the team, McLaren Electric Racing Ltd, which still trades, has subsequently signed an Accepted Breach Agreement (ABA) and must pay a fine of €400,000.In the official public summary of the ABA, …
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Author: Sam Smith
