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World Council approves lower cost cap and other F1 rule changes

The most significant is confirmation of the new cost cap limit that will start in 2021. It will be pegged at $145m for the first year, $140m for 2022, and will then drop to $130m for the next three years, based on a 21-race season.
Provision for “closed” races without fans has been written into the rules, with teams only allowed to bring 80 people, 60 of whom can be operational.
The ...Keep reading

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