Reducing costs for all Formula 1 teams through standardisation of parts is one of the key strategies currently being pursued by Liberty Media and the FIA for 2021 and beyond.
In recent weeks, a raft of 'Invitations to Tender' have been posted on the FIA website, covering various areas of the future F1 car, which indicates that a serious effort is being made to address costs. And yet the first and most significant tender, for the supply of gearbox cassettes, has already been abandoned. Teams will therefore continue to have a free choice of either making their own complete gearboxes, or buying them in from a partner.
The second batch of 2021-24 tenders includes wheel rims, brake friction material, and the brake system (brake-by-wire, callipers and master cylinder). The deadline for bidders was May 22, and a result promised is by June 14 - the date of the next World Motor Sport Council Meeting. That was followed by a tender for fuel system elements, including pumps and pipes, which remains open until June 15 and with a result due on July 14. More tender requests, for less critical components, are on the way.