All Formula One teams were in compliance with cost cap restrictions last year, the sport's governing body said on Tuesday.
Media reports in Italy and Germany, dismissed at the time by the International Automobile Federation , had suggested in July that at least two of the 10 teams could be in breach of the 2022 cap of $140 million and face stiff punishment."The FIA Cost Cap Administration has issued certificates of compliance to all of the 10 competitors," it said in a statement.
"The review has been an intensive and thorough process, beginning with a detailed analysis of the documentation submitted by the competitors," said the FIA. The FIA said all teams had "acted at all times in a spirit of good faith and cooperation throughout the process".
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