FIA rubber stamps sprint race crash damage deal with teams

The FIA World Motor Sport Council has formally rubber stamped Formula 1 cost cap allowances related to crash damage incurred in sprint qualifying races.

FIA rubber stamps sprint race crash damage deal with teams

The latest changes to the 2021 FIA Financial Regulations include official confirmation of the numbers that were finally agreed after months of debate between the teams, the FIA and F1, which delayed the official announcement of the sprint qualifying format.

Teams were concerned that a sprint race and thus an extra start and first lap created a risk of extra damage, and that it would compromise their efforts to stay within the $145m budget cap that is in force for the first time this year.

The damage occurred by the car of Valtteri Bottas in the Emilia Romagna GP put a spotlight on how close to the cap limit the top teams are working, with Mercedes boss Toto Wolff suggesting that it would impact R&D spending later in the year.

The cap has not been extended to cater for the costs of sprint races, and instead teams have been given an allowance that they subtract from the final spending figure that they submit to the FIA for the 2021 season.

That format is also used to account for the extra costs related to 18-inch mule car tyre testing for Pirelli, with teams given a $200,000 allowance per day of testing.

All teams have been given an initial total allowance of $450,000 purely for taking part in the three sprint races scheduled for 2021.

The new regulations note: "For each competition in the full year reporting period ending on 31 December 2021 that included a sprint qualifying session the F1 team must make a downward adjustment in the calculation of relevant costs for the reporting period ending on 31 December 2021 equal to US$150,000."

Read Also:

In addition there's an allowance of $100,000 per car for accident damage, but only if the damage "to the satisfaction of the cost cap administration occurred during a sprint qualifying session and resulted directly in either [the] retirement of that F1 car from that sprint qualifying session [or] entry into the pitlane of that F1 car during that sprint qualifying session."

In the case of more serious damage, and only if the car actually retires and the damage is assessed as more than $100,000, teams may make a downward adjustment "equal to the difference between the value of the accident damage and $100,000."

Aside from the cost cap allowances teams will each be given an extra payment of $100,000 per sprint race, although that number is part of their commercial agreement with F1 and is thus not part of the financial regulations.

shares
comments

Related video

Ricciardo in "a little bit of shock" after "grim" Q1 exit
Previous article

Ricciardo in "a little bit of shock" after "grim" Q1 exit

Next article

Russell: Williams has "to be aiming for points" from 11th

Russell: Williams has "to be aiming for points" from 11th
Load comments
Unpacking the technical changes behind F1 2022's rules shake-up Prime

Unpacking the technical changes behind F1 2022's rules shake-up

Formula 1 cars will look very different this year as the long-awaited fresh rules finally arrive with the stated aim of improving its quality of racing. We break down what the return of 'ground effect' aerodynamics - and a flurry of other changes besides - means for the teams, and what fans can expect

Formula 1
Jan 21, 2022
Why F1's new era is still dogged by its old world problems Prime

Why F1's new era is still dogged by its old world problems

OPINION: The 2022 Formula 1 season is just weeks away from getting underway, but instead of focusing on what is to come, the attention still remains on what has been – not least the Abu Dhabi title decider controversy. That, plus other key talking points, must be resolved to allow the series to warmly welcome in its new era

Formula 1
Jan 20, 2022
The Schumacher trait that will give Haas hope in F1 2022 Prime

The Schumacher trait that will give Haas hope in F1 2022

Mick Schumacher’s knack of improving during his second season in a championship was a trademark of his junior formula career, so his progress during his rookie Formula 1 campaign with Haas was encouraging. His target now will be to turn that improvement into results as the team hopes to reap the rewards of sacrificing development in 2021

Formula 1
Jan 19, 2022
The “glorified taxi” driver central to F1’s continued safety push Prime

The “glorified taxi” driver central to F1’s continued safety push

As the driver of Formula 1’s medical car, Alan van der Merwe’s job is to wait – and hope his skills aren’t needed. James Newbold hears from F1’s lesser-known stalwart.

Formula 1
Jan 15, 2022
When BMW added F1 'rocket fuel' to ignite Brabham's 1983 title push Prime

When BMW added F1 'rocket fuel' to ignite Brabham's 1983 title push

There was an ace up the sleeve during the 1983 F1 title-winning season of Nelson Piquet and Brabham. It made a frontrunning car invincible for the last three races to see off Renault's Alain Prost and secure the combination's second world title in three years

Formula 1
Jan 13, 2022
How “abysmal” reliability blunted Brabham’s first winner Prime

How “abysmal” reliability blunted Brabham’s first winner

Brabham’s first world championship race-winning car was held back by unreliable Climax engines – or so its creators believed, as STUART CODLING explains

Formula 1
Jan 10, 2022
The steps Norris took to reach a new level in the 2021 F1 season Prime

The steps Norris took to reach a new level in the 2021 F1 season

Lando Norris came of age as a grand prix driver in 2021. McLaren’s young ace is no longer an apprentice or a quietly capable number two – he’s proved himself a potential winner in the top flight and, as Stuart Codling finds out, he’s ready to stake his claim to greatness…

Formula 1
Jan 9, 2022
How Fangio set the bar for Schumacher and Hamilton in F1 Prime

How Fangio set the bar for Schumacher and Hamilton in F1

Juan Manuel Fangio, peerless on track and charming off it, established the gold standard of grand prix greatness. Nigel Roebuck recalls a remarkable champion.

Formula 1
Jan 8, 2022