Formula 1 teams agree to delay introduction of 2021 rules
Formula 1 will delay the introduction of the sport's planned 2021 regulation platform until 2022 following a phone conference with the FIA and the teams.
The decision to push back the new regs is a result of the ongoing string of race cancellations and the subsequent financial downfall that will hit the teams in a year of considerable investment linked to the 2021 rules.
The idea was tabled earlier this week and then formally agreed upon by all teams on Thursday in a collective call with F1's Ross Brawn and FIA president Jean Todt.
The final plan will involve keeping the current technical regulations and freezing chassis and gearbox elements.
However, next year's $175 million budget cap remains on course for introduction, which means that teams will be required to develop their 2022 cars under next years' financial constraints.
It's also believed that Formula 1 will maintain its plans to introduce 18-inch wheels next season.
The details and fine print of the regulation change will be written up in short order and then approved by the FIA's World Motors Sport Council.
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