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Formula 1 faces critical test over Financial Regulations
Formula 1 team's financials for 2021 are set to be announced tomorrow It is difficult to overstate the importance of Wednesday on the integrity and future security of Formula 1. Tomorrow, the FIA is set to publish the financial certifications relating to last year's Financial Regulations. On the surface, it is a dry and uninteresting topic appealing only to the paper pushers, but it has a very real impact on the sport more broadly. Last year, Formula 1 introduced rules surrounding the way teams can, and more the point cannot, spend their money. An upper limit, set at $145 million, was introduced with a list of exclusions such as travel, marketing, driver salaries, and the top three...
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1y ago from SpeedCafe.com
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