Since the introduction of F1 sprint racing in 2021, teams have been given extra wiggle room in the budget cap to compensate for the extra on-track racing, as well as accident compensation for major incidents during races. 100 km races on Saturday.
The issue has been the subject of debate between the teams, F1 and the FIA for some time.
This has stalled the planned expansion of the sprint race format to six events in 2022, with one team unable to agree on an increased amount and their subsequent payouts, with one allegedly seeking an increase in the budget cap of $5 million in exchange for his approval.
But following the latest meeting of the World Motor Sport Council in Bologna this week, the FIA has announced that it will double the amount of the allocation for sprint events for the next two years.
Currently, each team receives an additional $150,000 allowance in the budget cap, as well as an additional $100,000 allowance per car for damages incurred during a sprint, which could increase if the cost is over 100 $000.
George Russell, Mercedes W13, Lewis Hamilton, Mercedes W13, Max Verstappen, Red Bull Racing RB18, Lando Norris, McLaren MCL36, Sergio Perez, Red Bull Racing RB18, the rest of the field at the start
Photo by: Steve Etherington / Motorsport Images
Teams will now receive an additional $300,000 per sprint race weekend starting in 2023, but there will be no further adjustments for crash damage due to the increased safety net.
Earlier today F1 announced the venues for the six sprint races in 2023, marking an expansion of the format to three events per season over the past two years. Baku, Red Bull Ring, Spa, COTA, Losail and Interlagos will host the six sprints of the coming season.
“The World Board also approved several updates and clarifications to the 2023 and 2024 financial regulations, including an increase in the lump sum amount for each Sprint session from $150,000 to $300,000 starting in 2023, and the elimination of any subsequent adjustment for damage caused by an accident. sustained during the Sprint sessions,” the FIA statement read.
The WMSC has also confirmed that there will be safety upgrades for F1 roll bars from 2024, which was initiated following Zhou Guanyu’s accident at the start of the British Grand Prix in July.
Changes have already been put in place for 2023 by adjusting the homologation tests, but there will be a “significant increase in the strength required of the roll bars” from 2024, according to the FIA.
“These updates mean that test loads are applied more horizontally to require better attachment of the roll bar to the chassis structure,” the statement read.
