News Details

'F1 wins' as FIA formally approves significant new rules

The FIA World Motor Sport Council has formally approved significant Formula 1 rule changes over the next three years, including budget cap levels and aerodynamic testing restrictions. As reported last week, the budget cap will start at $145 million next year and drop to $140m in 2021 before lowering even further to $135m over the following three-year period. Changes to some of the exceptions allowed in the budget cap have also been finalized, including items that relate to the well-being of employees, and an increase in bonuses to a total of $12m per year.
Full Story »
5y ago from Racer.com 0
Share

You May Also Be Interested In...

Formula 1 to vote on cap, other rule changes on Friday

Formula 1 is set to vote on a raft of regulation changes on Friday, most...
5y ago from GrandPrix247.com

F1 teams set for $145M cost cap, radical aero handicap...

According to reports, Formula 1, the FIA and the teams have agreed to a...
5y ago from TheParcFerme.com

FIA sets up whistleblowers platform to regulate budget...

Formula 1's governing body has set up an online 24-hour ‘ethics and...
5y ago from GrandPrix247.com

FIA confirm F1 rule changes for 2020, 2021 and 2022

The future of Formula 1 has been set in stone by the FIA after the World...
5y ago from PlanetF1.com

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

IndyCar reveals track design for Washington D.C. event

IndyCar has revealed the track design for the newly-added event in...

David Malukas’ Penske poise earns accolades from...

After just two races with Team Penske under his belt, David Malukas is...

Popular On TotalWRC.com

Popular On GunnersToday.com

Bid prepared: Arsenal considering move for contract...

Arsenal are reportedly considering a summer transfer window move for...
44m ago from CaughtOffside.com

'He's out' – Arteta confirms key Arsenal star...

Arsenal’s quest for a maiden European crown faces a significant hurdle...
3h ago from CaughtOffside.com

U-turn: Report reveals surprise outcome of recent...

Arsenal may reportedly have cooled their interest in the potential...
6h ago from CaughtOffside.com

Thierry Henry believes Arsenal and one other team are...

Arsenal legend Thierry Henry has ruled out Barcelona as top favourites for...
8h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.