AMR GP Ltd (“AMR”) was found to be in Procedural Breach of the Formula 1 Financial Regulations notwithstanding the fact that their Relevant Costs during the 2024 Reporting Period were below the Cost Cap. 
The Cost Cap Administration offered to AMR an Accepted Breach Agreement (“ABA”) to resolve the matter. The offer was accepted by AMR. 
The Cost Cap Administration recognised that exceptional and unpredictable circumstances led to the Procedural Breach and that AMR have acted cooperatively and in good faith throughout the review process. No financial penalties were levied to AMR due to these exceptional and unpredictable circumstances and the Cost Cap Administration confirm that there is no accusation or evidence that AMR has sought or obtained any undue advantage as a result of the breach.  
 
Pursuant to Article 6.28 of the Formula 1 Financial Regulations the Cost Cap Administration entered into an ABA with AMR on 29 September 2025
A link to a summary of the terms of the ABAs as provided for by Article 6.32 of the Formula 1 Financial Regulations is below.