Officially: Formula 1 accepts new, additional regulations for coming years

The World Motor Sport Council has approved further amendments to the sports, technical and financial regulations of the FIA Formula One World Championship. The need to reduce costs and protect the sport from the impact of the coronavirus has been the reason for this.

The technical regulations and the introduction of the new cars had already been postponed until 2022, but all teams have now accepted additional changes for all regulations of 2020, 2021 and 2022. The World Motor Sport Council still had to give permission for this, but did so on Wednesday evening.

Development of chassis and gearbox comes to a standstill

The development of many components will be frozen for 2020 and 2021. These include the chassis and the gearbox. Next season only a limited number of engine upgrades will be allowed and in 2021 the new cars will be heavier. Next season's cars will also be broadly similar to those of 2020. Changes can be made via a token system.

The top teams will also have less time to use the wind tunnel from 2021 onwards. The higher you finish in the world championship as a constructor, the fewer hours you will have access to the wind tunnel. The number ten of the World Cup will get extra time. How much time a race stall gets to test the aerodynamics therefore depends on the final ranking in the World Championship.

Budget cap 

Furthermore, in 2021 a budget cap of $145 million per season will be set and one year later this will be reduced to $140 million on an annual basis. Between 2023 and 2025, the teams will have to make do with 135 million dollars a year.