Note: For 2021, the cap will be set at $145m. A detailed explanation can be found here. This will ensure teams are not motivated to cut costs in these areas to stay within the cap. Furthermore, the cap excludes salary costs for staff on maternity and paternity leave as well as sick leave, plus the costs of medical benefits provided to team employees.
F1 2021 SEASON DRIVER
But excludes all marketing costs, race driver fees/salaries and the costs of the team’s three highest-paid personnel. As such, the cap primarily covers expenditure that relates to car performance. Teams will carry over their 2020 cars into 2021, but with a few aerodynamic regulations.
For fans, it means a greater end product, highlighted by an even playing field no longer dominated by the likes of Mercedes, Ferrari and Red Bull who have workforces that are significantly bigger than those of the independent teams. Essentially a cost cap, it aims to deliver a more competitive championship, promote a level playing field and ensure the long-term financial stability and sustainability of Formula 1’s 10 teams. The biggest change to make note of this season is the introduction of Financial Regulations. Image: What’s Changed for the 2021 F1 Season The Exhilarating First Trailer for ‘F1: Drive to Survive Season 3’ is Here The New Nissan 400z Production Model has Leaked The F1 schedule retains a record 23 races, but the 2021 season will start a week later with the Bahrain Grand Prix on March 28. The changes will bring competition up a level with a revised calendar, new tracks, tires, drivers, faces, regulations, and a bunch of unknowns.
F1 2021 SEASON DRIVERS
Similar to last season, Formula 1 has revealed a few revised changes that will challenge both drivers and teams. The drivers returned to the track before any other major sport last season, and the teams are more than capable of returning for a bigger and better season this year. Thankfully, Formula 1 has proven it is more than capable of running a tight schedule. But when you consider the ongoing COVID-19 situation, you’d be forgiven for thinking that this season was going to disappoint. Due to start in Bahrain on the 28th of March, this season is set to be a big one.
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