Search results
Feb 7, 2023 · The 100-year agreement was created in 2001. It sees the commercial rights of Formula One sold to companies from the official management. This creates a bridge between Formula One and the FIA, which is now solely the motorsport regulator.
Sep 12, 2017 · Abstract. As the governing body of world motorsports since 1904, Fédération Internationale de l’Automobile (FIA) has, through the growth of Formula 1, become increasingly embedded in the...
Oct 28, 2022 · The FIA announced today the team has been fined $7 million (£6.04m) for the breach and given a 10% reduction in its aerodynamic testing allocation for 2023. Before the FIA’s decision was announced, Horner repeatedly insisted the team’s cost cap submission was within the limit set by the sport’s governing body.
Oct 17, 2022 · After weeks of speculation, the FIA ruled last Monday that Red Bull were guilty of a 'minor' breach of F1's cost cap, which debuted in 2021 to level the playing field and limit teams to spending...
Jan 30, 2024 · 1. Review time periods. An area that can regularly cause controversy is when a team wants to appeal a decision or a situation that has occurred in a previous race. One of the avenues open to them is the ‘Right of Review’ that is in the FIA’s International Sporting Code.
The FIA could no longer prevent non-FIA administered events from being established, neither could it use its powers to prevent competition to Formula One. [54] Ecclestone and FOA would no longer handle the commercial rights to other motorsport events outside of Formula One. [ 55 ]
People also ask
How did FIA restrict competition?
Why did the FIA stop regulating Formula One?
What happened between the FIA and the European Commission?
Did the FIA breach European competition law?
Nov 3, 2022 · In 2021 the FIA introduced a cap on teams’ spending, to try to increase competition on the grid. Constructors were limited to spending $145m on research and development, and on building and...
