News Details

F1 to have sliding development scale, $145m budget cap from 2021

Formula One's post-coronavirus future took shape on Thursday after racing's governing body, the FIA, ratified several unprecedented measures in the technical and financial regulations. Editor's Picks Reimagining the liveries of the F1 grid In 2021 F1 will introduce a new sliding scale for aerodynamic development and a $145 million budget cap for all 10 teams, which will be steadily reduced over the next five years. It is hoped that both measures will help close Formula One's competitive order, while also protecting teams financially in the post-coronavirus world. The sliding scale will ensure the lower a team finishes in the championship, the more wind tunnel and CFD development time it...
Full Story »
5y ago from espnF1.com 0
Share

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

FIA confirms major changes to the Sporting Regulation

FIA has announced that the World Motor Sport Council has approved major...
5y ago from F1Technical.net

Formula 1's cost-cutting proposals approved by FIA

Formula 1's plan for cost-cutting measures has been approved by the...
5y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu: MotoGP's newest superstar

On one fateful day, June 10, 2025, news finally broke that would mark one...
11h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Tim Cindric returns to Penske in race strategist role

Team Penske has announced the strategist line-up for its 2026 IndyCar...
23h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal could sacrifice duo to land 40-goal...

Arsenal are interested in signing the Atletico Madrid striker Julian...
2h ago from CaughtOffside.com

Arsenal’s terminally online Premier League title...

obotic team fuelled by data and scrutinised relentlessly in a climate of...
1h ago from TheGuardian.com

'He's taking the best from everybody' - Lisandro...

Manchester United centre-back Lisandro Martinez has said that interim boss...
3h ago from SportsKeeda.com

Real Madrid ready to cash in, 70m star sparks Arsenal...

Eduardo Camavinga could be on his way out of Real Madrid at the end of the...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.