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Official: Cost cap remains for 2021, technical regulations postponed to 2022
After all ten teams unanimously agreed to postpone the 2021 technical regulations by a year, the FIA have now made it official, adding the financial cap for teams will remain in place for next season. The aim for the delay of the new technical regulations is to "reduce the financial burden" on teams, especially as incomes of every constructor will drop with the postponement of so many Grands Prix as prize money depends on the F1's income. On Thursday, all teams came together and reached the decision to postpone the rules, with the FIA releasing a statement following the announcement. Read more Binotto admits Ferrari 'steered into different direction' for 2020 concept...
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4y ago from GPBlog.com
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