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Sport F1 News: Teams approve cost cap, aero handicap changes

05:30  23 may  2020
05:30  23 may  2020 Source:   autosport.com

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Formula 1 teams have approved a radical set of rule changes aimed at securing the future of the sport in the wake of the coronavirus pandemic Multiple sources have confirmed that teams supported the changes , which included F 1 's budget cap being cut from 5 million to 5 million next year

Radical rules including an aero development handicap system and the use of open source parts in Formula 1 could be approved later on Friday as teams vote on a package of changes . Beyond the budget caps , team are also set to vote on a range of other rules tweaks to reduce costs - including

a piece of luggage: F1 teams approve cost cap, aero handicap changes © LAT Images F1 teams approve cost cap, aero handicap changes

Formula 1 teams have approved a radical set of rule changes aimed at securing the future of the sport in the wake of the coronavirus pandemic, Autosport has learned.

Following weeks of discussions between teams, the FIA and F1 bosses about potential changes aimed at cutting costs and improving the show, the 'New Deal' proposals were put to a team e-vote on Friday.

Multiple sources have confirmed that teams supported the changes, which included F1's budget cap being cut from $175 million to $145 million next year and other rules including an aero development handicap system and the use of open-source parts.

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Formula 1 teams have approved a radical set of rule changes aimed at securing the future of the sport in the wake of the coronavirus pandemic, Motorsport.com has learned. As well as the budget cap , other rules forming part of the package included a radical aero development handicap system

Formula 1 teams have agreed to a package of cost -cutting changes The package still needs to be officially approved by F 1 's legislative body, the world motorsport council of governing body the FIA. Once a team has bought those parts, their defined value is taken off that team 's total budget- cap figure.

The key battleground in recent weeks had been the level of the budget cap, with Ferrari in particular reluctant to cut the level too much despite pressure from other teams.

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While independent outfits like McLaren were in favour of reducing it to as low as $100 million, Ferrari was adamant that it would not be happy to accept anything below $145 million.

With that figure being proposed for next year, with a glide-path down to $140 million in 2022 and $135 million after that, it is understood that the Italian outfit was happy with the compromise and gave its support.

As well as the budget cap, other rules forming part of the package included a radical aero development handicap system, where the worst performing teams are allowed more wind tunnel and CFD development time compared to the more successful outfits, plus the allowance for the use of open source parts.

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F 1 teams approve cost cap , aero handicap changes Formula 1 teams have approved a radical set of rule changes aimed at securing the future of the sport in the wake of the coronavirus pandemic, Autosport has learned 1590179065 F 1 .

"There are some changes which are exciting changes for the future - like the move to more electronic communication," he said. F 1 set for vote on aero handicap and open source ideas Radical rules including an aero development handicap system and the use of open source parts in Formula 1

a man riding on the back of a truck: F1 teams approve cost cap, aero handicap changes © LAT Images F1 teams approve cost cap, aero handicap changes

With the teams having approved the rule changes, the matter now needs to be put to the FIA's World Motor Sport Council for final ratification.

It is understood that the governing body will do that via an e-vote, probably early next week, rather than wait for the next FIA WMSC meeting that is scheduled for mid-June.

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