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
BMW admits 2027 MotoGP entry ‘not viable’ as it...
BMW has admitted it is “not viable” for the German manufacturer to...
23h ago from MotorsportWeek.c...
Why the next contract matters more to Fabio Quartararo...
No description available...
1d ago from Motorsport.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
5d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
18h ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
19h ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
1d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Future second Asian/Pacific event behind WRC calendar...
No description available...
6d ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'He can destroy you' - Arteta's warning for rivals as...
Viktor Gyokeres scored his first goal for Arsenal as the Gunners finished...
48m ago from SkySports.com
Spurs open Eberechi Eze talks as they try to beat...
t;li>Arsenal have been ahead but want to make sales firstSpurs do not...
38m ago from TheGuardian.com
A blast from the past
For the week the Premier League begins again, it's quiet. It's calm....
1h ago from Arseblog.com
Comments
Hottest News
‘Trying to figure out who I am’: Ricciardo’s quiet...
Former F1 star Daniel Ricciardo has revealed how... Read More »
58m ago from F1i.com
Ricciardo: Trying to figure out who I am other than race...
Daniel Ricciardo has been on a journey of... Read More »
58m ago from GrandPrix247.com
Verstappen tells Red Bull not to give up: ‘Still a lot to...
Max Verstappen has called on Red Bull to resist... Read More »
58m ago from F1i.com
