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
Marc Marquez: ‘I’m the one missing, not the...
No description available...
9h ago from Motorsport.com
MotoGP United States GP: Marco Bezzecchi claims fifth...
No description available...
11h ago from Motorsport.com
Marco Bezzecchi on record-breaking Sunday: 'It's...
No description available...
10h ago from Motorsport.com
Jorge Martin comeback win earns praise from fellow...
No description available...
21h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher: “I thought I was ready — but I...
No description available...
9h ago from Motorsport.com
Graham Rahal ends 42-race podium drought with...
No description available...
9h ago from Motorsport.com
Official race results: 2026 IndyCar at Barber
No description available...
12h ago from Motorsport.com
Alex Palou dominates again with 13-second IndyCar win,...
No description available...
9h ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
13h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
3d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
3d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Fabrizio Romano says £100m star 'open' to Man United...
Transfer news expert Fabrizio Romano has provided an update on the Sandro...
29m ago from CaughtOffside.com
Withdrawals and worries
Morning all. It's all about the withdrawals this morning, as a clutch of...
3h ago from Arseblog.com
Arsenal midfielder becomes 11th Gunners star to...
Arsenal midfielder Martin Zubimendi has become the 11th Gunners star to...
14h ago from SportsKeeda.com
Sources: Why football's 'next superstar' snubbed...
Chelsea and Arsenal registered an interest in the transfer of Nico Paz,...
19h ago from CaughtOffside.com
Comments
Hottest News
Charles Leclerc exposes George Russell trick after Ferrari...
Charles Leclerc just about held on to claim third... Read More »
1h ago from RacingNews365.com
Lewis Hamilton's F1 boss confident of FIA Ferrari decision:...
Lewis Hamilton's Ferrari F1 boss Fred Vasseur has... Read More »
59m ago from GPFans.com
Max Verstappen: I was counting down the laps at the...
After gaining a few places at the start,... Read More »
1h ago from GrandPrix247.com
