Help with new gauge setup

Looks like I won't get to this until a couple of weeks now. I found a good spot to mount the gauges in place of the factory ashtray/cig lighter fixture. There's some bits of crumbled padding/insulation up under there - anything I need to be cautious around? We've been having asbestos abatement in our building recently so I'm probably just paranoid, but can't hurt to ask some experts...