Aston Martin nearing FIA budget cap penalty agreement

Aston Martin team principal Mike Krack has confirmed the team is close to finalising an accepted breach agreement with the FIA over its procedural breach of the 2021 budget cap.

The Silverstone-based team was one of two rumoured to have breached the financial regulations when stories began circulating at the Singapore Grand Prix weekend.

But when the FIA released the certificates of compliance after the Japanese Grand Prix, it was found that Aston Martin had committed only a procedural breach and not surpassed the $145million cap for the season.

READ: Horner bemoans rival campaign for 'draconian' Red Bull punishment

GPFans understood there was deep regret within the team for failing to comply with the regulations, and after the United States Grand Prix, Krack suggested an end to the matter was not far away.

"We are in discussion with the FIA," said Krack.

"I think it will be something that we try to conclude in the next days, we had some discussions over the weekend as well with them and I'm quite confident that we get it solved.

"I think it's complex. It's a complex set of regulations and it is not frustrating, it shows us that we have to do a better job in the future that we are not having such issues, but at the end of the day the most important is that we were under the cap and the rest is procedure."

Asked whether the saga could come to an end ahead of this weekend's Mexico City Grand Prix, Krack replied: "Well, it depends on the FIA, obviously.

"Now you have people travelling, but I think we did a couple of steps this weekend.

"I think we are not far, but I cannot tell you."

Related

More F1 news

Latest F1 news

Williams F1 boss claims Albon and Sainz would tell him if they were going to leave

• 2 hours ago

F1 star tells struggling team to 'do more' as exit rumours swirl

• Yesterday 21:50

Lewis Hamilton's title chances take hit as Mercedes find fix to stop the pain

• Yesterday 20:42

How George Russell injured himself during Mercedes F1 celebration

• Yesterday 19:57

'Emotionless' Lewis Hamilton can dominate Charles Leclerc at Ferrari

• Yesterday 18:58

Mercedes find answers to 'painful' F1 failures

• Yesterday 17:54