Motor racing-Williams fined for 'procedural breach' of F1 cost cap rules

FILE PHOTO: Formula One F1 - Belgian Grand Prix - Spa-Francorchamps, Stavelot, Belgium - August 24, 2018 Williams' Sergey Sirotkin with engineers during practice REUTERS/Francois Lenoir

LONDON (Reuters) - Williams have been fined $25,000 for breaching Formula One's cost cap regulations by missing a deadline to file the team's 2021 accounts, the governing FIA said on Tuesday.

It said an 'accepted breach agreement' dated May 19, 2022 was entered into by the FIA and Williams Grand Prix Engineering Limited.