F1 bosses have agreed to delay the 2021 regulations set to 2020, as deliberated in a meeting on Thursday featuring F1 chairman Chase Carey, managing director Ross Brawn, president of governing body of the FIA Jean Todt and team principals.
It emerged that out of 10 outfits, nine were in favour of postponing the introduction of the 2021 rules since the beginning. Yesterday Ferrari asked for time and clarity to ponder the decision, which ended up meeting the general consensus on the following day.
The delay will involve the new set of technical regulations initially planned for 2021 as well as the sporting rules modifying the standard race weekend schedule (3-day weekends scrapping Thursday media sessions). However, the yearly $175m budget cap will be introduced in 2021, which means F1 teams will brace for a hybrid kind of season, in which costing limitations will come into force but tech rules will stay the same as in 2020.
"Following unanimous agreement between the FIA, Formula 1 and all teams, the implementation of the Technical Regulations due to take effect from the 2021 season will be postponed until 2022" says the FIA press release.
"All parties further discussed the current situation of the 2020 championship and how the sport will react to the ongoing challenges caused by the COVID-19 pandemic. Due to the currently volatile financial situation this has created, it has been agreed that teams will use their 2020 chassis for 2021, with the potential freezing of further components to be discussed in due course".
"The introduction and implementation of the Financial Regulations will go ahead as planned in 2021, and discussions remain ongoing between the FIA, Formula 1 and all teams regarding further ways to make significant cost savings".
"All teams expressed their support for the FIA and Formula 1 in their ongoing efforts to restructure the 2020 calendar as the global situation regarding COVID-19 develops".
F1 quickly reacted to the worldwide Coronavirus emergency, taking into account the implications that race postponements and a shortened calendar will inevitably have on the 2021-oriented work.
With the postponement of the Dutch, Spanish and Monaco Grands Prix, the season is set to start in Baku on June 7th, potentially ending in December to make up for as many lost races as possible. The aimed amount of races is expected to be 18, but the 'fluid nature' of the ever-evolving Coronavirus situation, the future of the 2020 season is still clouded in uncertainty.