Both Formula E teams were found to have overspent for the 2022-23 season
The Nissan and Jaguar Formula E teams have been handed a partial testing ban and been fined after both outfits broke the championship’s cost cap limit for the 2022-23 season. Having completed its review of documentation from all 11 Formula E teams, the FIA announced on Wednesday that it had found Jaguar and Nissan to be in breach of the cost cap limit of €13,668,000 . Nissan were found to be 1.96% over , while Jaguar exceeded the limit by 0.
“The Nissan Formula E Team has determined that these minor breaches are exclusively related to the process of interpretation and adaption of the new Financial Regulations at a time when the team was also facing specific challenges linked to its change of ownership, full restructure, and relocation,” read a statement from Nissan. “Nissan Formula E Team has since put in place all the necessary precautions to avoid these kinds of miscalculations and oversights in the future.
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