Image by Zak Mauger/LAT
F1’s 2021 vision should be ready before Bahrain
Formula 1 and the FIA aim to have its vision for the sport in 2021 finalized in time for a meeting ahead of the second race of the season in Bahrain.
The current commercial agreements tying the teams to the sport are due to expire at the end of 2020, and coincide with F1 and the FIA wanting to make significant changes. FIA president Jean Todt says an overall proposal is due to be discussed during a meeting in just over 10 days, and says it has taken time to the many different aspects that need addressing.
“We will have a Strategy Group meeting on March 26 in London, and we will have also the F1 Commission on the same day,” Todt (pictured at left, above) said. “We should be ready with the global package and the commercial side, financial side, which is the responsibility of Formula 1.
“We have the cost control, a new initiative which is quite well advanced. We have engine regulations which have been sent to the teams a few days ago, and we have chassis regulations, and we have the governance.
“Those are all the different chapters on which we are working, and we should be in a position to have a finalized package to discuss with the teams on March 26.”
Todt was speaking during a joint press conference with F1 chairman and CEO Chase Carey in Melbourne ahead of this weekend’s Australian Grand Prix, and Carey says any further details will not be leaked from a Liberty Media point of view.
“I think those discussions are probably best not to have them on a stage with an audience,” Carey (pictured at right, above) said. “I think they’re best had privately between us and the teams.
“I think we’ve made good headway. I think there is a general agreement and direction that we’re heading with everything.
“You get into the details, and if you’ve got 10 teams, you’ve got 10 different views of the details, so that’s part of what thrashing this out is. But it’s not unique in the world to try and find the right compromises.”
Chris Medland
While studying Sports Journalism at the University of Central Lancashire, Chris managed to talk his way into working at the British Grand Prix in 2008 and was retained for three years before joining ESPN F1 as Assistant Editor. After three further years at ESPN, a spell as F1 Editor at Crash Media Group was followed by the major task of launching F1i.com’s English-language website and running it as Editor. Present at every race since the start of 2014, he has continued building his freelance portfolio, working with international titles. As well as writing for RACER, his broadcast work includes television appearances on F1 TV and as a presenter and reporter on North America's live radio coverage on SiriusXM.
Read Chris Medland's articles
Latest News
Comments
Comments are disabled until you accept Social Networking Cookies. Update cookie preferences
If the dialog doesn't appear, ad-blockers are often the cause; try disabling yours or see our Social Features Support.