RIP Niki Lauda (1949-2019) - Let's rank his Formula 1 cars! Click here: viewtopic.php?f=32&t=16073

2021 Formula 1 structure and rule changes

Current Formula One related news, information and discussion.
Post Reply
User avatar
erwin greven
Ultimate Member
Ultimate Member
Posts: 14671
Joined: 14 years ago
Real Name: Erwin Greven
Favourite Motorsport: Endurance Racing
Favourite Racing Car: Lancia Delta 038 S4 Group B
Favourite Driver: Ronnie Peterson
Favourite Circuit: Nuerburgring Nordschleife
Car(s) Currently Owned: Renault Clio 1.2 2003
Location: Stadskanaal, Groningen
Contact:

2021 Formula 1 structure and rule changes

Post by erwin greven » 1 week ago

Details of $175 million cost cap and new prize money structure for 2021 revealed
June 7th 2019

With the FIA’s International Sporting Code stipulating that major regulation changes must be finalised at least 18 months ahead of introduction, the World Motor Sport Council meeting scheduled for 14 June provides the final opportunity for Formula 1’s 2021-onwards regulations to be ratified by the WMSC before the 30 June deadline.


RaceFans understands that the sport’s governing body circulated draft copies of the proposed technical and sporting regulations to all teams on 4 June, with follow-up meetings called in Montreal on Thursday. Further discussions meetings are expected to be held on Sunday morning.

Simultaneously, details of the proposed budget cap were distributed to teams, with a fixed cap of $175m per annum to be imposed on all competitors. However certain exclusions are expected to apply: The salaries of the team’s three highest-paid executives, driver remuneration, the first $15m of power unit costs, marketing/hospitality costs, and all race-weekend travel and accommodation costs.

Crucially, there will be no three-year glide path, as had been previously proposed. It is thought that the exclusion of race travel costs was at the behest of F1 commercial rights holder Liberty Media to enable the championship calendar to be expanded without increasing cost cap levels.

According to sources, a revised revenue structure will also be introduced from 2021, divided into four ‘columns’: Columns 1 and 2 will be similar to the current structure, with the first column comprising 50 per cent of the common prize ‘pot’, divided equally among all participants. There will be no initial exclusion periods for new teams, as is currently the case.

Column 2 will be disbursed amongst the top ten championship finishers on a performance-linked sliding scale, although the percentages will be weighted in favour of performance. Whilst the top championship finisher in a given season will still earn 18 per cent of the ‘pot’, the bottom placed team will receive two per cent rather than the four currently earned – with all intermediate placings tightened up.

Column 3 replaces the current CCB structure, whereby championship constructors’ bonuses are paid to Ferrari, Mercedes, Red Bull, McLaren and Williams, based on their respective championship histories.

In its place a ‘top three’ bonus will apply, where income is shared between teams based on how frequently they have finished in the top three championship classifications over a rolling ten-year period. The pot will be shared will be based on how many points each team has earned during that time in a system awarding three points for a championship win, two for second and one for third.

Finally, Ferrari will retain its Long Standing Team (LST) bonus, but this is expected to be halved from its present level of around $70 million, and may not be used for performance purposes. Thus, the team may cover cost cap exclusions with the LST bonus or write the proceeds to profit, but not allocate the bonus towards the $175m annual cost cap.

As RaceFans revealed previously, Ferrari will also retain its power of veto over changes to F1 regulations. However this is expected to be redefined to ensure that it can only be triggered under specific circumstances.
https://www.racefans.net/2019/06/07/det ... -revealed/


FIA has informed teams about new weekend schedule for 2021. Scrutineering will be Friday morning. Cars not allowed to change spec after that (except for test runs with development parts). FP1 & FP2 moved to Friday afternoon.

https://www.auto-motor-und-sport.de/for ... -training/
Brian Redman: "Mr. Fangio, how do you come so fast?" "More throttle, less brakes...."
DJ at www.metalmessiahradio.com *** Every Tuesday 1pm - 4pm EST.

User avatar
kals
Forum Administrator
Forum Administrator
Posts: 27639
Joined: 11 years ago
Real Name: Kieran
Favourite Motorsport: F1..BTCC..MotoGP
Favourite Racing Car: Benetton B189
Favourite Circuit: Donington Park
Location: New Jersey

Post by kals » 1 week ago

I’ll believe all that when I see it.

User avatar
Everso Biggyballies
Ultimate Member
Ultimate Member
Posts: 25415
Joined: 13 years ago
Real Name: Chris
Favourite Motorsport: Anything that goes left and right.
Favourite Racing Car: Too Many to mention
Favourite Driver: Raikkonen, Lauda, Clark etc
Favourite Circuit: Nordschleife, Spa, Mt Panorama.
Car(s) Currently Owned: BMW 330C M Sport Coupe
Location: 8 kms from Albert Park, Melbourne.

Post by Everso Biggyballies » 1 week ago

Ferrari will probably veto it

*My woman cant wrestle. But you should see her box!*


*I married Miss Right. Just didn't know her first name was Always

User avatar
kals
Forum Administrator
Forum Administrator
Posts: 27639
Joined: 11 years ago
Real Name: Kieran
Favourite Motorsport: F1..BTCC..MotoGP
Favourite Racing Car: Benetton B189
Favourite Circuit: Donington Park
Location: New Jersey

Post by kals » 1 week ago

Everso Biggyballies wrote:
1 week ago
Ferrari will probably veto it
My thoughts exactly.

User avatar
John
Supreme Member
Supreme Member
Posts: 5264
Joined: 3 years ago
Real Name: Jo
Car(s) Currently Owned: Volvo V60 -17, Toyota iQ -09
Location: Insert Swedish countryball here

Post by John » 1 week ago

That goddamn veto has to go. The FIA needs to manhandle back the control of the rules and regulations.
2018 GTP Accuracy champion.

This space available for rent. Inquire within.

DoubleFart
Advanced Member
Advanced Member
Posts: 2064
Joined: 4 years ago
Real Name: YouKnowWho
Favourite Motorsport: F1

Post by DoubleFart » 1 week ago

Yeah that's not going through.
Guess The Predictor: Gavle Yule Goat 2018 Champion

User avatar
Kai-Star
Bronze Member
Bronze Member
Posts: 142
Joined: 3 years ago
Real Name: Cameron Petie
Favourite Motorsport: Formula 1
Favourite Racing Car: Williams FW14
Favourite Driver: Jim Clark
Favourite Circuit: Spa Francorchamps
Car(s) Currently Owned: Subaru Forester
Location: Brisbane, Australia
Contact:

Post by Kai-Star » 5 days ago

Ferrari needs F1 as much as Ferrari think that F1 needs Ferrari. The FIA need to make decisions and not be fearful of losing Ferrari.
"Speed is relative and I knew that I was going faster in my head than he was in his head. If you keep seeing objects going by quickly, well then going quickly becomes normal for you."
Joann Villeneuve

User avatar
erwin greven
Ultimate Member
Ultimate Member
Posts: 14671
Joined: 14 years ago
Real Name: Erwin Greven
Favourite Motorsport: Endurance Racing
Favourite Racing Car: Lancia Delta 038 S4 Group B
Favourite Driver: Ronnie Peterson
Favourite Circuit: Nuerburgring Nordschleife
Car(s) Currently Owned: Renault Clio 1.2 2003
Location: Stadskanaal, Groningen
Contact:

Post by erwin greven » 4 days ago

Kai-Star wrote:
5 days ago
Ferrari needs F1 as much as Ferrari think that F1 needs Ferrari. The FIA need to make decisions and not be fearful of losing Ferrari.
Agreed. Ferrari needs F1. Otherwise, they would have left decades ago. In fact in the early 70s, the sportscar program suffered from lack of funding because Ferrari's main interest was Formula 1.
Brian Redman: "Mr. Fangio, how do you come so fast?" "More throttle, less brakes...."
DJ at www.metalmessiahradio.com *** Every Tuesday 1pm - 4pm EST.

User avatar
SB83
Advanced Member
Advanced Member
Posts: 2881
Joined: 15 years ago
Real Name: Sandeep Banerjee
Favourite Racing Car: Lotus 49
Favourite Driver: Jim Clark
Favourite Circuit: Nordschelife
Car(s) Currently Owned: Suzuki Ritz (Splash), Ford Ecosport
Location: Gliese 876 b

Post by SB83 » 3 days ago

And the inmates continue to run the asylum.

Post Reply