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McLaren Signs Breach Agreement After Formula E Cost‑Cap Overspend

Signed on June 1, the settlement requires McLaren to pay €400,000 to the FIA as a check on cost‑cap compliance.

Overview

  • The FIA’s Cost Cap Administration completed its review and on 1 June 2026 entered an Accepted Breach Agreement with McLaren Electric Racing Ltd after the team disclosed a 4.54% overspend.
  • McLaren voluntarily notified the overspend before a formal investigation and accepted the ABA rather than face adjudication.
  • The overspend of £555,628 on reported costs of £12,802,394 was attributed mainly to costs from an orderly wind‑down after McLaren withdrew at the end of Season 11.
  • Under the ABA McLaren must pay a €400,000 fine to the FIA within 30 days, reimburse reasonable CCA costs and has waived its right to appeal.
  • The penalty is the largest monetary fine levied in Formula E so far and underlines the Cost Cap Administration’s enforcement role as the series prepares to publish remaining teams’ Season 11 compliance reviews later this summer.