News Details

FIA issues new directive: loophole in budget cap regulations closed

The FIA has issued a new technical guideline for potential grey areas in the budget cap rules. The new TD45 takes effect immediately, retroactive to 1 January this year. Article continues under ad The FIA has stipulated that staff in other departments within the team - for example, developing a hypercar for Le Mans or producing a boat - can no longer be used for activities that affect the performance of the F1 cars. By booking staff costs on projects other than F1, teams were able to undercut the budget cap. How does getting around the budget cap work? Last week, it was revealed that Red Bull Racing, Ferrari, Mercedes and Aston Martin have been asked for clarification by the FIA. The...
Full Story »
2y ago from GPBlog.com 0
Share

You May Also Be Interested In...

F1 team asks FIA for permission to breach budget cap

Williams team principal James Vowles has revealed that the Grove-based...
2y ago from Formula1News.co.uk

Lewis Hamilton handed boost after penalties issued at...

After a hectic qualifying session at the Canadian Grand Prix, several...
2y ago from Formula1News.co.uk

FIA tackles impact of teams' non-F1 projects on cost...

The FIA recently issued a technical directive to F1 teams that closes a...
2y ago from F1i.com

Sauber, Williams want F1 budget cap rule changes

Jun.23 Midfield and lower-level Formula 1 teams are pushing for changes...
2y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle on course in Finland

Kalle Rovanperä and Jonne Halttunen ended the first full day of WRC...

Popular On GunnersToday.com

Real Madrid Transfer News Roundup: Arsenal eyeing...

Real Madrid return to action later this month, when they take on WSG Tirol...
29m ago from SportsKeeda.com

Player is 'keen' on Arsenal move, Gunners hoping to...

Crystal Palace attacker Eberechi Eze has been linked with a move away from...
15h ago from CaughtOffside.com

Report: Arsenal on alert as PL & CL winner yet to...

Arsenal are reportedly one of the clubs keeping an eye on the situation of...
15h ago from CaughtOffside.com

“It’s a great signing for Arsenal' - Former PL...

Former Newcastle United manager Alan Pardew has named Arsenal's Viktor...
14h ago from SportsKeeda.com

Comments

Hottest News

FIA announce penalty verdict after controversial Max...

The FIA have announced the stewards verdict after... Read More »
11h ago from GPFans.com

Hungarian GP: Friday's action in pictures

Formula 1 fans at the Hungarian Grand Prix... Read More »
8h ago from F1i.com

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.