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Formula 1 and FIA present 2021 rules package

Formula 1 and the governing FIA presented teams with a detailed post-2021 vision for the sport at a meeting in London on Tuesday. The sport’s current commercial agreements expire at the end of 2020 and U.S.-based commercial rights holders Liberty Media want to create a more level playing field and more competitive racing. The global package presented put flesh on the bones of a presentation to teams and other stakeholders in Bahrain a year ago, and also provided reassurance that Liberty have not been standing still in the meantime. It includes thorny subjects such as a cost cap and redistribution of revenues as well as changes to the sporting and technical regulations, power unit rules...
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