News Details
Harsh penalties for teams that seek to cheat finance rules
While there are an increasing number of exceptions to the $175m that teams are allowed to spend from 2021, should any attempt to circumvent the rules they are warned that that they will be harshly treated. 'Financial regulations are the big change, a dramatic change in Formula 1,' F1 MD, Ross Brawn told reporters at today's presentation. 'We've tried for these in the past, and we've not been successful,' he admitted. 'I think the crucial thing about the financial regulations now is that they're part of the FIA regulations. So the sanctions from breaching financial regulations will be sporting penalties of some sort, depending on the severity of the breach. 'Whereas before, if any of you...
Full Story »
Full Story »
6y ago from Pitpass.com
0
You May Also Be Interested In...
Teams will face serious consequences for cost cap...
Formula 1 chief Ross Brawn has warned that the new-for-2021 financial...
6y ago from MotorsportWeek.com
Mercedes and Red Bull to spend big before 2021 budget...
Toto Wolff and Christian Horner have explained that, with the Formula 1...
6y ago from GPFans.com
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
Marko: The Last Thing We Need is an Indycar Formula
Red Bull's Helmut Marko has reiterated his team's opposition to the new...
6y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Tech analysis: Ducati’s more extreme fairing...
No description available...
18h ago from Motorsport.com
Jorge Martin still feels like a “rookie” at times...
No description available...
15h ago from Motorsport.com
What Aprilia hopes to unlock with radical 2026 MotoGP...
No description available...
1d ago from Motorsport.com
Fabio Quartararo reveals what’s still missing on...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Alex Palou’s Indy 500 win immortalized on...
Alex Palou’s likeness has been added to the iconic Borg-Warner Trophy,...
1d ago from MotorsportWeek.c...
Ryan Hunter-Reay joins Arrow McLaren for 2026...
No description available...
1w ago from Motorsport.com
RLL locks in Louis Foster with extended IndyCar...
Rahal Letterman Lanigan Racing has announced an extension to its contract...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Why Lancia is returning to WRC in Rally2 and what it...
No description available...
1d ago from Motorsport.com
How Adrien Fourmaux’s WRC Japan exit proves mental...
No description available...
3d ago from Motorsport.com
Hyundai already working on “Plan B” for 2026 WRC...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal, Man United & Spurs contact Ballon d'or...
Arsenal and Manchester United are reportedly interested in an ambitious...
9h ago from CaughtOffside.com
Real Madrid star Thibaut Courtois claims one Arsenal...
Real Madrid goalkeeper Thibaut Courtois has named Arsenal counterpart...
7h ago from SportsKeeda.com
Chelsea ready to return for £79m-rated Arsenal and...
Chelsea remain interested in signing the Juventus attacker Kenan Yildiz....
10h ago from CaughtOffside.com
'Clinical' 45-goal star 'appeals' to Arsenal but Man...
Arsenal, Manchester United and Paris Saint-Germain are among the clubs...
14h ago from CaughtOffside.com
Comments
Hottest News
Revealed: Staggering multi-billion F1 team valuations
These figures would not even have been dreamed of... Read More »
1h ago from RacingNews365.com
F1 Results Today: Ferrari top in eventful first Las Vegas...
F1 cars took to the streets of Las Vegas for the... Read More »
2h ago from GPFans.com
LIVE: 2025 F1 Las Vegas Grand Prix - Free Practice 2
Follow along with all the action live from the... Read More »
1h ago from RacingNews365.com
