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.