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F2 and F3 announce cost cutting measures for 2021 onwards

Promoters of the FIA's F2 and F3 championships reveal a raft of measures intended to reduce costs from next season including less venues but more races per round. 'The promoters of the FIA Formula 2 and Formula 3 championships have always considered cost control as one of their priorities,' reads the statement issued today. 'Every year, they study and apply where possible different ways to keep budgets under control, and starting from 2021, they will put in place important measures that will help achieve this goal. 'As such, the promoters can first announce that thanks to agreements with the suppliers to F2 and F3, the costs of the engine lease and of some spare parts will decrease...
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