News Details
F1 unveils financial regulation changes for 2021
Formula 1 has revealed how it plans to lower costs for teams heading into the 2021 season, including the introduction of a $175m cost cap. F1’s overhaul of the technical and sporting regulation for 2021 was unanimously approved by The World Motor Sport Council on Thursday ahead of this weekend’s United States Grand Prix, including a new financial structure. Reducing running costs in a bit to create a more level playing field among teams was one of F1’s main priorities for its post-2020 vision, and the new financial changes are expected to “promote the competitive balance and the sporting fairness of the championship”. F1 says the changes will “ensure the long-term financial...
Full Story »
Full Story »
You May Also Be Interested In...
Wolff: 2021 Rules Change Won't Be Stopped
Formula 1 has rejected a proposal from several teams to delay the...
6y ago from GrandPrix247.com
F1 heading into 'very expensive' 2020
Mercedes's and Red Bull's team principals have warned that the upcoming...
6y ago from F1Technical.net
F1 publishes new-look regulations for 2021 season
Formula 1 has unveiled the regulations that will be introduced from the...
6y ago from MotorsportWeek.com
F1 has 'missed opportunity' in not delaying 2021...
Mercedes and Red Bull believe Formula 1 has missed an opportunity in not...
6y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Valencia test: Raul Fernandez leads Aprilia 1-2...
No description available...
34m ago from Motorsport.com
Raul Fernandez leads Aprilia 1-2 to top Valencia...
Trackhouse Aprilia’s Raul Fernandez led the Italian manufacturer to...
24m ago from MotorsportWeek.c...
How Ducati superbike star Nicolo Bulega fared in his...
No description available...
3h ago from Motorsport.com
Alex Marquez makes his debut on factory Ducati MotoGP...
No description available...
4h ago from Motorsport.com
Popular On IndyCarToday.com
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
5d ago from Motorsport.com
Ryan Hunter-Reay joins Arrow McLaren for 2026 Indy 500
Arrow McLaren has announced that veteran Ryan Hunter-Reay will join the...
5d ago from MotorsportWeek.c...
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
1d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
What Toyota expects from 2026 WRC signing Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Brazil issue fresh injury update on Gabriel Magalhaes...
The Brazil national team has issued a statement with regards to the injury...
6h ago from SportsKeeda.com
Interlull ‘On This Day'
Morning, it's very Interlully, so let's do a bit of ‘On this day' to...
10h ago from Arseblog.com
Arsenal officials in Spain to watch LaLiga winger with...
Representatives from Premier League side Arsenal have reportedly travelled...
6h ago from SportsKeeda.com
Arsenal told what they need to do if they want to sign...
Antoine Semenyo is one of the most sought-after players going into the...
21h ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen handed Las Vegas boost as F1 title hopes...
Max Verstappen is hoping to keep his F1 title... Read More »
1h ago from RacingNews365.com
F1 fans ejected and Ferrari infuriated as Las Vegas GP...
The Las Vegas Grand Prix did not have the easiest... Read More »
3h ago from RacingNews365.com
Zak Brown: Verstappen is a bruiser, Horner is arrogant
McLaren boss Zak Brown roasts Max Verstappen and... Read More »
2h ago from GrandPrix247.com
