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
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
9h ago from Motorsport.com
Maverick Vinales undergoes shoulder surgery to remove...
No description available...
1d ago from Motorsport.com
Why Toprak Razgatlioglu isn’t satisfied with his...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar at Barber Motorsports...
No description available...
2d ago from Motorsport.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
1d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
3d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
50 La Liga gem attracting serious attention as Arsenal...
Arsenal remain interested in signing the Real Madrid defender Victor...
2h ago from CaughtOffside.com
FA Cup talking points: Dowman in spotlight, how strong...
No description available...
3h ago from SkySports.com
Former Arsenal star William Gallas boldly claims...
William Gallas doesn't believe Arsenal will win a treble this season. He...
3h ago from SportsKeeda.com
Episode 870 – Gyok ‘n' roll
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
3h ago from Arseblog.com
Comments
Hottest News
Ricciardo ‘grateful’ to Red Bull for calling the end to...
There was a time when former F1 driver Daniel... Read More »
44m ago from F1i.com
Williams sack James Vowles, sign Christian Horner and...
As many expected, James Vowles has been given his... Read More »
1d ago from GrandPrix247.com
Ferrari to test at Monza as huge F1 upgrades expected for...
Ferrari upgrades are coming for the F1 Miami... Read More »
34m ago from GPFans.com
