The FIA has confirmed that all ten teams complied with the financial regulations in 2022 and have been handed their relevant certificates. In the first year of the cost cap, Red Bull and Aston Martin were penalized for breaches, with Williams also cited for the late reporting of its accounts. However, with a year’s experience of the new regulations, all teams have come in under the cost cap up for the reporting period ending 31 December 2022, despite the FIA focusing on non-F1 aspects to ensure there was no hidden work being undertaken. “The review has been an intensive and…