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
Johann Zarco spends MotoGP summer break winning Suzuka...
No description available...
3h ago from Motorsport.com
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
2d ago from Motorsport.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
2d ago from MotorsportWeek.c...
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
3d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
3d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
4d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
4h ago from Motorsport.com
Kalle Rovanpera relieved to finally achieve...
No description available...
19h ago from Motorsport.com
WRC Rally Finland: Kalle Rovanpera takes historic home...
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Thomas Partey close to joining Villarreal in week of...
t;li>Former Arsenal midfielder has denied rape chargesPartey has agreed...
57m ago from TheGuardian.com
Ex-Arsenal star Thomas Partey in final stages of...
Former Arsenal midfielder Thomas Partey is reportedly on the cusp of a La...
2h ago from SportsKeeda.com
'The more likely option' – Arsenal star tipped...
Arsenal have had a busy summer so far, and their busy is far from over...
27m ago from CaughtOffside.com
Arsecast Extra Episode 652 – 04.08.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
37m ago from Arseblog.com
Comments
Hottest News
Knives out for Horner in aftermath of sacking as Red Bull...
No description available... Read More »
2h ago from GrandPrix247.com
F1 2025 Standings: Lewis Hamilton disaster puts Ferrari in...
A disastrous weekend for Lewis Hamilton and... Read More »
57m ago from GPFans.com
Lando Norris one of TEN drivers hit by late FIA ruling...
Lando Norris was one of 10 drivers to be hit with... Read More »
1h ago from GPFans.com
