
(GMM) The governing FIA released detailed technical regulations for a new low-cost formula one on Wednesday.
The Max Mosley-led body aimed fire at so-called 'financial profligacy' in the sport and said the new code would hopefully make a privateer's budget of $100m enough to compete with the rich carmakers.
''The FIA believes current manufacturers' budgets are unsustainable,'' read a media statement, ''and are putting the whole of formula one at risk.''
Mosley, the governing body's controversial chief, singled out two or three carmakers who are prepared to spend 'unlimited amounts of money'.
''We don't want (this) in F1.''
So, the FIA will ban 'new' car innovations after one season. It will curb aerodynamic research and ban some materials. It will reduce the amount of expensive ballast that can be used. It will impose an engine rev-limit, and a standard ECU. It will impose a control tyre. It will increase engine life from two to three races. It will impose testing limits. It will ban spare cars. It will allow a 'free market' for the sale of cars and parts to other teams.
And, to spice up the racing, the split rear wing will be introduced, tyres will be slicks and wider, and the 'ten-grid' penalty for engine changes will be scrapped.
Instead, a weight penalty will be imposed.
Written: Thu, 22 Dec 2005 07:25:46
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