Formula 1 2021 rules plan now at 'detail' and 'compromise' stage

Formula 1 CEO Chase Carey believes the championship will finalise its 2021 regulations and commercial package "in the coming months" once the "right compromises" are found

Formula 1 2021 rules plan now at 'detail' and 'compromise' stage

The 2021 engine regulations, which have already been delayed after the four manufacturers rejected what was originally proposed by the FIA and F1, remain the priority.

After pushing through the front wing changes to improve overtaking in 2019, Carey remains confident that he can make further progress on longer term plans but he acknowledges that it will require compromises to be made.

"We've introduced some recent regulation changes for next season," said Carey.

"And we'll introduce a larger list of sporting regulation changes in the coming weeks to further improve the sport.

"Most importantly we continue to move forward with a broader set of changes to cost structures, revenue distribution, regulations and governance - the so-called Concorde Agreement.

"We've made good progress with the teams, agree on the goals and objectives, and now need to work through the details to find the right compromises as we finalise these agreements in the coming months for the 2021 season.

"I feel good about the discussions. The devil is always in the details, and we have details to work through.

"But I think people agree with the goals, people agree with the direction, and the overall points of what we're trying to achieve, and the vision for the sport.

"Nobody is going to get everything they want, but I think everybody recognises that."

He underlined that the rules package was likely to evolve.

"There will always be components that are moving, it's not like you are done, particularly with issues like regulations," Carey said.

"They are a living, breathing process, and will continue to evolve.

"Whenever you put sporting regulations or others, some change less frequently - obviously an engine doesn't change that often - but other regulations will clearly change."

Carey would not be drawn on the new commercial arrangements, which will have a huge impact on the future profitability of the F1 business.

"Those are discussions at this point we're best having with the teams in private, and when we get to the place and we finalise that we'll be happy to discuss where we're at and what we think the opportunity is under that revised structure," he said.

He admitted that one of the biggest problems is that there is no pressing deadline, with 2021 still feeling some way down the road to the participants in the discussions.

"One of the challenges of bringing it to a completion is that the effect of many of these things is 2021, so there isn't a natural deadline - usually it's made easier by having a deadline that you have to get it done by," said Carey.

"There's a shared objective to get it done, but there isn't an external forcing mechanism, but our goal is to move this forward and try and get it done in the coming months."

shares
comments
Ferrari F1 reserve Giovinazzi keen to prove he's not just sim driver
Previous article

Ferrari F1 reserve Giovinazzi keen to prove he's not just sim driver

Next article

Red Bull: Daniel Ricciardo feared supporting role to Max Verstappen

Red Bull: Daniel Ricciardo feared supporting role to Max Verstappen
Assessing Hamilton's remarkable decade as a Mercedes F1 driver Plus

Assessing Hamilton's remarkable decade as a Mercedes F1 driver

Many doubted Lewis Hamilton’s move from McLaren to Mercedes for the 2013 Formula 1 season. But the journey he’s been on since has taken the Briton to new heights - and to a further six world championship titles

Formula 1
Feb 2, 2023
Why new look Haas is a litmus test for Formula 1’s new era Plus

Why new look Haas is a litmus test for Formula 1’s new era

OPINION: With teams outside the top three having struggled in Formula 1 in recent seasons, the rules changes introduced in 2022 should have more of an impact this season. How well Haas does, as the poster child for the kind of team that F1 wanted to be able to challenge at the front, is crucial

Formula 1
Feb 2, 2023
The Mercedes F1 pressure changes under 10 years of Toto Wolff Plus

The Mercedes F1 pressure changes under 10 years of Toto Wolff

OPINION: Although the central building blocks for Mercedes’ recent, long-lasting Formula 1 success were installed before he joined the team, Toto Wolff has been instrumental in ensuring it maximised its finally-realised potential after years of underachievement. The 10-year anniversary of Wolff joining Mercedes marks the perfect time to assess his work

Formula 1
Feb 1, 2023
The all-French F1 partnership that Ocon and Gasly hope to emulate Plus

The all-French F1 partnership that Ocon and Gasly hope to emulate

Alpine’s signing of Pierre Gasly alongside Esteban Ocon revives memories of a famous all-French line-up, albeit in the red of Ferrari, for BEN EDWARDS. Can the former AlphaTauri man's arrival help the French team on its path back to winning ways in a tribute act to the Prancing Horse's title-winning 1983?

Formula 1
Jan 31, 2023
How do the best races of F1 2022 stack up to 2021? Plus

How do the best races of F1 2022 stack up to 2021?

OPINION: A system to score all the grands prix from the past two seasons produces some interesting results and sets a standard that 2023 should surely exceed

Formula 1
Jan 31, 2023
Who were the fastest drivers in F1 2022? Plus

Who were the fastest drivers in F1 2022?

Who was the fastest driver in 2022? Everyone has an opinion, but what does the stopwatch say? Obviously, differing car performance has an effect on ultimate laptime – but it’s the relative speed of each car/driver package that’s fascinating and enlightening says ALEX KALINAUCKAS

Formula 1
Jan 30, 2023
Why F1's nearly man is refreshed and ready for his return Plus

Why F1's nearly man is refreshed and ready for his return

He has more starts without a podium than anyone else in Formula 1 world championship history, but Nico Hulkenberg is back for one more shot with Haas. After spending three years on the sidelines, the revitalised German is aiming to prove to his new team what the F1 grid has been missing

Formula 1
Jan 29, 2023
The potential-laden F1 car that Ferrari neglected Plus

The potential-laden F1 car that Ferrari neglected

The late Mauro Forghieri played a key role in Ferrari’s mid-1960s turnaround, says STUART CODLING, and his pretty, intricate 1512 was among the most evocative cars of the 1.5-litre era. But a victim of priorities as Formula 1 was deemed less lucrative than success in sportscars, its true potential was never seen in period

Formula 1
Jan 28, 2023