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The F1 sprint race plan was set to a green light as the team agreed to a financial deal – Motorsports

As previously reported by Autosport F1’s desire to run Saturday’s sprint race at three Grand Prix this year I was running into obstacles with a team that wasn’t happy with the additional costs involved.

Beyond the teams hoping for greater monetary compensation from the F1 chief for the additional money it would cost to add three more races, the problem is due to the potential impact this could have on the cost cap limit. It got even more complicated.

However, the push by some organizations to raise cost caps by up to $ 1 million faces resistance from some small teams fearing that additional spending ranges will be used to improve performance. Did.

After discussions over the past few weeks on cost issues, sources have confirmed that the team has submitted a satisfactory financial proposal.

The exact details have not been disclosed, but it is understood that the team will receive about $ 500,000 in the additional three races, and the cost cap will be raised by the same amount.

In addition, if the team withstands a large claim for damages as a result of a major sprint race accident, there is more room within the agreement with additional payments and increased cost caps to cover this. You will be unfairly punished.

Max Verstappen, Red Bull Racing RB16B, Lewis Hamilton, Mercedes W12, Charles Leclerc, Ferrari SF21, Valtteri Bottas, Mercedes W12, Lando Norris, McLaren MCL35M and other fields

Photo: Mark Sutton / Motorsport image

Now that the financial terms have been set, it is understood that the team only needs to finalize some small details before officially approving the final sprint race rules.

However, the team has agreed on this issue and will not rush across the line, so the final vote may not take place in the next few weeks-as soon as the Imola race weekend. There is a possibility.

The Sprint Qualifier will be hosting three 100km Saturday races this year in Silverstone, Monza and Interlagos to see how it will affect the TV and trackside spectacle.

The Saturday race will provide some points and will determine the grid for Sunday’s main event.

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Red Bull team boss Christian Horner, who spoke at the Bahrain Grand Prix, said it was important to organize financial details for large outfits that were about to exceed F1’s new budget limits.

“We are currently pursuing savings of £ 10,000, £ 20,000 and £ 30,000 to make sure we have reached the limit and we need a wise allowance to take that into account,” he said. It was.

“Suddenly having a variable like this is just something we need to deal with. We want to support it, but we need accommodation.”

– Motorsports

The F1 sprint race plan was set to a green light as the team agreed to a financial deal

https://www.autosport.com/f1/news/f1-sprint-race-plan-set-for-green-light-as-teams-agree-financial-deal/6132619/?utm_source=RSS&utm_medium=referral&utm_campaign=RSS-ALL&utm_term=News&utm_content=uk The F1 sprint race plan was set to a green light as the team agreed to a financial deal

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