News Details
FIA formally approves F1 cost-saving and rule changes
The FIA's World Motor Sport Council formally rubber-stamped a raft of cost-saving and regulation changes covering Formula 1's present and near-term future. As expected, next year's long-awaited budget cap will be introduced with a $145 million limit that will drop to $140 million in 2022 and then to $135 million for the following 2023-2025 period based on a 21-race annual schedule. Furthermore, to help mitigate the sport's economic downturn due to the coronavirus crisis, a freeze is applied to a large list of components, including chassis, gearbox, a number of mechanical components and impact structures, between 2020 and 2021 FIA opens whistleblower hotline to report 'misconduct'...
Full Story »
Full Story »
You May Also Be Interested In...
'F1 wins' as FIA formally approves significant new...
The FIA World Motor Sport Council has formally approved significant...
5y ago from Racer.com
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
FIA approves cost cap reduction amid F1 rule changes
The FIA WMSC has approved a cost cap reduction The FIA World Motorsport...
5y ago from SpeedCafe.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
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'Speeds will be lower with 850cc bikes,...
No description available...
7h ago from Motorsport.com
The key challenges MotoGP teams will face in the 2027...
No description available...
11h 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...
3h ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
2h ago from MotorsportWeek.c...
Helio Castroneves confirms return for 26th...
Helio Castroneves has confirmed that he will take part in the upcoming...
8h ago from MotorsportWeek.c...
Helio Castroneves to attempt 2026 Indianapolis 500...
No description available...
7h 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
Why Takamoto Katsuta’s long-awaited first WRC win...
No description available...
2d ago from Motorsport.com
WRC Safari Rally Kenya: Elfyn Evans retires as drivers...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Partey intends to deny two charges of rape, court told
Former Arsenal footballer Thomas Partey intends to deny two new...
1h ago from SkySports.com
Player ratings: Arsenal 2-0 Bayer Leverkusen
Arsenal advanced to the Champions League quarter-final with a comfortable...
59m ago from FreshArsenal.com
'It's very rare' | Arteta reflects on Dowman's impact...
Mikel Arteta described Max Dowman's impactful performance against Everton...
1h ago from SkySports.com
Late SCENES! Dowman steals the show as Arsenal go nine...
FREE TO WATCH: Highlights from Arsenal's match against Everton in the...
1h ago from SkySports.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 »
4h ago from GPFans.com
Former Ferrari F1 chief plots team return with message to...
A former Ferrari F1 team principal has hinted... Read More »
3h ago from GPFans.com
Toto Wolff reveals real reason why Aston Martin dumped...
Toto Wolff has revealed why Aston Martin ended... Read More »
14h ago from MotorsportWeek.com
