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FIA approves regulation changes, including cost cap
Following a meeting of the F1 Strategy Group and the Formula One Commission in Paris today, a number of regulation changes have been agreed for the sport, including a long awaited cost cap and the approval of permanent driver numbers as of 2014.
Cost cap The principle of a global cost cap has been adopted. The limit will be applied from January 2015. A working group will be established within the coming days comprising the FIA, representatives of the Commercial Rights Holder and Team representatives. The objective of the working group will be to have regulations approved by the end of June 2014. Pirelli Tyre test – Bahrain, 17-19 December, 2013 The F1 Commission agreed to a change to the...
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