F1 Commission agrees to changes to financial rules

F1 chief Stefano Domenicali, FIA president Mohamed Ben Sulayem, F1 motorsports chief Ross Brawn and all 10 team principals gathered on Friday to discuss a range of topics.

“Rapidly rising inflation rates have affected Formula One teams since the end of 2021, and it is the opinion of the FIA ​​and Formula One that this poses a risk of non-compliance with financial regulations if action is not taken, said the governing body.

It was approved by the required majority with the support of the FIA, Formula 1 and nine of the 10 teams.

There has also been a development regarding the draft technical directive that was issued prior to the British Grand Prix and addresses safety concerns related to vertical porpoising of cars.

The FIA ​​states that the following discussion with the teams, and to allow sufficient time for the teams to make the necessary updates to the plank and skid assemblies, will “use the metrics used to measure this oscillation in all cars”. A proper application”. Impact from the Belgian Grand Prix.

The FIA ​​said, “The enhanced controls introduced by the FIA ​​in Canada will continue, while a number of proposed actions to address this issue in the 2023 Technical Regulations were also discussed and taken in time for the next meeting of the Technical Advisory Committee.” Destined to go.”

Most also agreed to update the rules to allow pre-season testing outside Europe, four days before the season’s first grand prix.

Meanwhile, 2026 power unit regulations were also on the agenda, with the FIA ​​saying that the rules package is “close to being finalised”.

Disclaimer: This story is auto-aggregated by a computer program and is not created or edited by FreshersLIVE.Publisher : IANS-media

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