News Details
FIA approves cost cap reduction amid F1 rule changes
The FIA WMSC has approved a cost cap reduction The FIA World Motorsport Council (WMSC) has rubber stamped a suite of sporting, technical, and financial regulations changes for Formula 1. Key among the approved changes is the lowering of the cost cap set to be introduced next year. That will now come in at USD 145 million before reduced to USD 140 million for the following season, and USD 135 million for 2023-2025. It had originally been planed for a USD $175 million though teams agreed to reduce that figure before being signed off by the WMSC. Changes to a number of exceptions and additions have also been made, covering items such as staff entertainment, sick and maternity/paternity leave....
Full Story »
Full Story »
5y ago from SpeedCafe.com
0
You May Also Be Interested In...
FIA approves changes to 2020, 2021 and 2022 F1...
The World Motor Sport Council has approved by e-vote further changes to...
5y ago from GrandPrix247.com
WMSC approves changes to 2020, 2021 and 2022...
The World Motor Sport Council has approved further changes to the...
5y ago from Pitpass.com
Major F1 cost-saving changes approved by FIA
The FIA's World Motor Sport Council has approved major changes to the...
5y ago from Crash.net
Sliding scale for windtunnel development approved for...
Formula 1 has rubber-stamped new regulations for the 2021
season that...
5y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
12h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
16h ago from Motorsport.com
VR46 looking for mix of experience and youth in 2027...
No description available...
1d ago from Motorsport.com
Dani Pedrosa reveals the ‘crazy’ training that...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
8h ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
8h ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
13h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
13h ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Scotland brings top tier rallying back to...
The 2027 WRC calendar should have an exciting new event on the calendar:...
1d ago from MotorsportWeek.c...
WRC to return to GB in 2027 as Scotland secures...
No description available...
1d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
3d ago from Motorsport.com
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Leon Osman makes huge Arsenal quadruple claim after...
Former Everton star Leon Osman has backed Arsenal to win a historic...
5h ago from CaughtOffside.com
'Always shine on the biggest stages', 'Worth every...
Arsenal fans have hailed midfielder Eberechi Eze for his showing as they...
5h ago from SportsKeeda.com
Partey intends to deny two charges of rape, court told
Former Arsenal footballer Thomas Partey intends to deny two new...
6h ago from SkySports.com
Player ratings: Arsenal 2-0 Bayer Leverkusen
Arsenal advanced to the Champions League quarter-final with a comfortable...
6h ago from FreshArsenal.com
Comments
Hottest News
Aston Martin F1 'takeover pitched by new team' as situation...
Aston Martin could be the target of an F1... Read More »
9h ago from GPFans.com
Toto Wolff reveals real reason why Aston Martin dumped...
Toto Wolff has revealed why Aston Martin ended... Read More »
19h ago from MotorsportWeek.com
Honda claim batteries now handling the vibrations but not...
The Chinese Grand Prix was another horrible... Read More »
14h ago from GrandPrix247.com
