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Liberty's outlines 2021 'strategic initiatives' for cheaper, better F1
Liberty Media presented to F1 teams Friday in Bahrain a series of 'strategic initiatives' from which the sport will derive its 2021 regulations. In a 90-minute meeting in Sakhir, The Formula One Group's CEO Chase Carey and F1 sporting manager Ross Brawn delivered the commercial rights vision for the future, most of which was drafted in last year's proposal. The blueprint addresses cost cap measures, revenue distribution, power units, governance and overall sporting and technical regulations changes. Liberty is calling for a cheaper, louder and simpler engine from 2021, but one which will remain road relevant and prove attractive to new manufacturers from an engineering and cost...
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