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Formula One outlines plan for 2021 regulations revamp
In a meeting to the teams and the FIA, Liberty Media has presented it's proposal for the future direction of Formula One, which is scheduled to take effect in 2021. With the current Concorde Agreement set to expire in 2020, the owners of Formula One, Liberty Media, have outlined their key areas for alteration. In a meeting with the teams and the sport's governing body, the FIA, Liberty Media have suggested areas which need addressing in the new agreement; the power units, costs, revenues, sporting and technical regulations, and governance. Since Liberty Media's purchase of the sport over a year ago, Formula One's managing director of motor sports, Ross Brawn, has been vocal in his desire...
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