In the following paper my colleague Uli Schöpp presents a formal verification (in Coq) of a nontrivial result by Cook and Rackoff on the computational power of graph automata. https://scholar.google.at/scholar?oi=bibs&cluster=4944920843669159892&btnI=1&hl=de (Schöpp, U. (2008). A formalised lower bound on undirected graph reachability. In Logic for Programming, Artificial Intelligence, and Reasoning (pp. 621-635). Springer Berlin/Heidelberg.)