The FIA has closed off a potential loophole in F1’s cost cap regulations to prevent teams from making use of staff outside of spending restrictions. Full story ⬇️
These have all been successful and worked on multiple projects involving road cars, America’s Cup yachts, bicycles and other designs.
In a technical directive that was originally drafted earlier this year but has recently been revised and put in to force, the FIA has made clear to teams that they will not be allowed to transfer any Intellectual Property from projects running outside of their F1 operations back in to the squad without that work falling under the cost cap.
Max Verstappen, Red Bull Racing RB19, Lewis Hamilton, Mercedes F1 W14, Fernando Alonso, Aston Martin AMR23, George Russell, Mercedes F1 W14, Esteban Ocon, Alpine A523, the rest of the field at the startF1 knowledge can still be freely passed out to the technical divisions, so can continue be utilised in outside business interests.
However, one leading F1 source with good knowledge of the situation, said that TD45 had already had triggered changes.
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