F1 2022 - News/Regulation change/Developments

It’s an interesting and nice place to be but racing is less than optimal. Zack is correct F1 has outgrown the circuit. Make it an F1 Challenge race with sports cars used by makers each year and rotate the makes driven. Too easy. No F1 points but donates money to charity etc. there are ways to make this work and interesting. F1 though is done there

 

When I think of 'sustainable' the fee's are clearly not. No different than Bernie, Liberty look for low cost solutions and charge a high fee. Necessary for Government money in many cases needed. Sustainable lol.......is not a word that should be in the same sentence as Liberty or F1. Yet here we are for this season again.........

 

Second Singapore race rumoured to replace Sochi

Date published: April 10 2022 - Jon Wilde

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Martin Brundle has added weight to rumours that a Singapore double-header could fill the gap in this year’s calendar left by the cancelled Sochi race.


https://www.planetf1.com/news/singapore-sochi-replacement-rumour/

 

As predicted - https://www.planetf1.com/news/seven-teams-want-budget-cap-rise/

Seven teams pushing for budget cap rise as costs soar

 

Yes but these cost factors one's we are all seeing. Teams cannot just avoid paying shipping fee increases. A majority are pushing for this. I think its not about big teams being at the limit. The cost increases they are all seeing are beyond predicted figures the FIA probably used to coordinate the base budgets.

So if costs rise and teams are going to penalized with a mechanism for exceeding the budget limit do they not ship the car/parts/ people etc and miss races or show late with fewer parts / people etc.

Sure the smaller teams can spend less and will most likely be un-competitive but can say they are within the budget. Whats that compared to unlimited budgets? Nothing. Same small teams not really having a chance to win and larger more technically adept teams do. Its hard to see this doing well over the longer term.

The thought of the limit going down again is a messy dream. In real terms prices and costs increase over time for this series. I would bet a decent in-depth analysis shows this.

Whatever base line factor is using for a cost increase has probably doubled due to the world economic/inflation/covid disruption/war disruption. None predicted effectively by the FIA or its financial arm???

A dynamic series, growing, needs resources to use to continue to expand and modify etc etc. Static fixed budgets will yield static series, certainly not yield innovation we all like to see. Having a larger budget base, not unlimited, has a reasonable argument over time.

 

Certainly a good aim for this concept. COVID, Ukraine etc did not help in the shorter term. Also we know teams, no matter big or small will find a way to ask for more money lol. We humans have this need to do so lol

 

https://www.autosport.com/f1/news/monaco-zero-concerns-over-f1-future-amid-new-contract-talks/9868145/

Monaco: Zero concerns over F1 future amid new contract talks
The organisers of the Monaco Grand Prix say they have zero concerns about the future of the Formula 1 race amid talks over a new contract beyond 2022.


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By: Luke Smith
Co-author: Benjamin Vinel
Apr 13, 2022, 11:05 AM
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Monaco has long stood as one of F1's most prestigious events due to its rich history and glamorous image, acting as the original street race on the calendar in 1950.

But, amid the current expansion of the F1 calendar to include more city events such as Miami and Las Vegas, questions have been raised about Monaco's future, particularly as the race has traditionally not paid a hosting fee.

F1 CEO and president Stefano Domenicali recently warned that it was "not enough to have a pedigree anymore" for races to keep their place on the calendar, and that the arrival of new events would "force the organisers of traditional grands prix to raise their level of quality".

Following confirmation that Las Vegas would join the calendar from 2023, McLaren Racing CEO Zak Brown said in an interview with Reuters that he thought Monaco "needs to come up to the same commercial terms as other grands prix" and give thought to its track layout due to the demands of modern cars.

Monaco's existing contract expires after the 2022 race, but the president of the Automobile Club de Monaco, Michel Boeri, responded to concerns about its future by expressing his confidence that a new contract would be signed as negotiations with F1 continue.

"I'd like to refer to what has been read in the press, where it is said that we may struggle to keep organising grand prix races beyond the 2022 event, so as early as next year," Boeri said at an event with the marshals ahead of next month's race, according to La Gazette de Monaco.

"It was implied that the fees required by Liberty [Media] were too excessive for Monaco and the grand prix would no longer be held.

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Max Verstappen, Red Bull Racing RB16B, leads Valtteri Bottas, Mercedes W12, Carlos Sainz, Ferrari SF21, Lando Norris, McLaren MCL35M, and the rest of the field at the start

Photo by: Jerry Andre / Motorsport Images

"That's untrue. We are still in talks with them and must now seal the deal with a contract.

"I can guarantee you that the grand prix will keep taking place beyond 2022. I don't know if it will be a three- or five-year contract, but that's a detail."

F1 is set to hit the 24-race limit in the Concorde Agreement next year with the addition of races in Las Vegas and Qatar, as well as a possible return to China, which has a contract in place until 2025.

 

Having it cancelled during COVID was hardly noticed. F1 survived well without Monaco. Thats a simple fact.