scoobytruck
30-04-2009, 16:18 41
<!-- END: Module - M24 Article Headline with landscape image (d) --><!-- Article Copy module --><!-- BEGIN: Module - Main Article --><!-- Check the Article Type and display accordingly--><!-- Print Author image associated with the Author--><!-- Print the body of the article--><STYLE type=text/css>DIV#related-article-links P A { COLOR: #06c}DIV#related-article-links P A:visited { COLOR: #06c}#FlashContent2 { VISIBILITY: hidden}</STYLE><!-- Pagination --><!--Display article with page breaks -->Some interesting changes to F1 regs next year, could lead to more inventive engineering and more cars on the grid - seems good in theory any rate
Formula One will become a 26-car championship from next season, with the World Motor Sports Council (WMSC) set to impose a £40million budget cap on each of the teams.
After announcing plans to introduce a £30m cap in mid-March, the WMSC has now increased that figure by a further £10m, and have even formed a new costs commission to police the regulation. The sport has not seen 26 cars on the grid for 15 years, and the budget cap is designed to encourage new teams into the sport.
Teams, though, will still have freedom of choice as to whether to be governed by the cap. However, those that opt out face certain restrictions. Any team operating within the budget will be allowed to use movable front and rear wings and, most crucially, an engine not subject to a rev limit.
Those teams will also be allowed unlimited out-of-season track testing, with no restrictions on the scale and speed of wind-tunnel testing.
<!--#include file="m63-article-related-attachements.html"--><!-- BEGIN: Module - M63 - Article Related Attachements --><SCRIPT type=text/javascript><!--function pictureGalleryPopup(pubUrl,articleId) {var newWin = window.open(pubUrl+'template/2.0-0/element/pictureGalleryPopup.jsp?id='+articleId+'&&offset=0&§ionName=Formula1','mywindow','menubar=0,resiza ble=0,width=1000,height=711');}//--></SCRIPT><!-- BEGIN: Comment Teaser Module --><!-- END: Comment Teaser Module --><!-- BEGIN: Module - M63 - Article Related Package --><!-- END: Module - M63 - Article Related Package -->The £40m budget must cover all team expenditure except marketing, remuneration for test and race drivers, fines imposed by the FIA, and engine costs [for 2010 only].
Any team wishing to compete in next year's championship must notify the FIA between May 22 to 29 and state whether they wish to compete under the cost-cap regulations.
As a further 'start-up bonus' for the new teams, Ecclestone has agreed to offer participation fees and expenses to the new teams. There will be an annual payment of $10m (£6.75m) to each team, plus free transportation of two chassis, freight up to 10,000kg in weight, as well as 20 economy-class tickets for each race outside Europe.
The costs commission, which will monitor team budgets, will consist of a chairman and two other commissioners appointed by the WMSC for terms of three years, who will be independent of all teams.
One commissioner will be a finance expert and the other will have a high level of experience in motor sport, while the chairman will have appropriate experience and standing in motor sport or sports governance.
The WMSC have also confirmed the ban on refuelling during races, to save on costs of transporting refuelling equipment and increase the incentive for engine builders to improve fuel economy.
Formula One will become a 26-car championship from next season, with the World Motor Sports Council (WMSC) set to impose a £40million budget cap on each of the teams.
After announcing plans to introduce a £30m cap in mid-March, the WMSC has now increased that figure by a further £10m, and have even formed a new costs commission to police the regulation. The sport has not seen 26 cars on the grid for 15 years, and the budget cap is designed to encourage new teams into the sport.
Teams, though, will still have freedom of choice as to whether to be governed by the cap. However, those that opt out face certain restrictions. Any team operating within the budget will be allowed to use movable front and rear wings and, most crucially, an engine not subject to a rev limit.
Those teams will also be allowed unlimited out-of-season track testing, with no restrictions on the scale and speed of wind-tunnel testing.
<!--#include file="m63-article-related-attachements.html"--><!-- BEGIN: Module - M63 - Article Related Attachements --><SCRIPT type=text/javascript><!--function pictureGalleryPopup(pubUrl,articleId) {var newWin = window.open(pubUrl+'template/2.0-0/element/pictureGalleryPopup.jsp?id='+articleId+'&&offset=0&§ionName=Formula1','mywindow','menubar=0,resiza ble=0,width=1000,height=711');}//--></SCRIPT><!-- BEGIN: Comment Teaser Module --><!-- END: Comment Teaser Module --><!-- BEGIN: Module - M63 - Article Related Package --><!-- END: Module - M63 - Article Related Package -->The £40m budget must cover all team expenditure except marketing, remuneration for test and race drivers, fines imposed by the FIA, and engine costs [for 2010 only].
Any team wishing to compete in next year's championship must notify the FIA between May 22 to 29 and state whether they wish to compete under the cost-cap regulations.
As a further 'start-up bonus' for the new teams, Ecclestone has agreed to offer participation fees and expenses to the new teams. There will be an annual payment of $10m (£6.75m) to each team, plus free transportation of two chassis, freight up to 10,000kg in weight, as well as 20 economy-class tickets for each race outside Europe.
The costs commission, which will monitor team budgets, will consist of a chairman and two other commissioners appointed by the WMSC for terms of three years, who will be independent of all teams.
One commissioner will be a finance expert and the other will have a high level of experience in motor sport, while the chairman will have appropriate experience and standing in motor sport or sports governance.
The WMSC have also confirmed the ban on refuelling during races, to save on costs of transporting refuelling equipment and increase the incentive for engine builders to improve fuel economy.