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
Should there be a tear-off rule following Marco...
No description available...
1d ago from Motorsport.com
Miguel Oliveira reveals what’s ‘more difficult’...
Miguel Oliveira says WorldSBK’s race weekend format is harder to adapt...
1d ago from MotorsportWeek.c...
MotoGP eliminates wildcard riders from 2027 season
No description available...
1d ago from Motorsport.com
How MotoGP’s energy drink landscape could shift
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Motorsport legend Alex Zanardi dies aged 59
Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...
4h ago from MotorsportWeek.c...
Mick Schumacher shares injury update after breaking...
No description available...
2d ago from Motorsport.com
Dual-tone Chevy ZR1X pace car revealed for...
The NTT IndyCar Series has revealed the Chevrolet pace car for the...
1d ago from MotorsportWeek.c...
Rookie Caio Collet tops last day of Indy 500 Open Test...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
M-Sport weighs up WRC new car build as all options...
No description available...
3d ago from Motorsport.com
Toyota steps up WRC 2027 car testing with new look...
No description available...
2d ago from Motorsport.com
How Dani Sordo brings "different ideas" to...
No description available...
3d ago from Motorsport.com
Oliver Solberg explains crash that ended WRC Canary...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
“It’s a different thing being a contender than...
Former Premier League manager Sean Dyche has provided an explanation as to...
1h ago from SportsKeeda.com
Man United lead Arsenal in the race for 50m-rated...
Manchester United are looking to sign Morten Hjulmand from Sporting CP. A...
6h ago from CaughtOffside.com
“Ethan has to respond” - Arsenal boss Arteta makes...
Arsenal boss Mikel Arteta said Ethan Nwaneri must respond to criticism...
5h ago from SportsKeeda.com
Comments
Hottest News
Lewis Hamilton has just been handed keys to 8th F1 title
The excuses have to stop. Ferrari have given... Read More »
33m ago from GPFans.com
McLaren target further 'exploitation' after placing Miami...
It was arguably McLaren's best day of the new F1... Read More »
1h ago from RacingNews365.com
Aston Martin hit new low over Miami Grand Prix upgrades
On today's episode of 'Can Aston Martin Sink Any... Read More »
2h ago from GPFans.com
