Formula 1 teams and executives from Liberty Media, the promoter of the F1 world championship, are close to reaching an agreement to hold three sprint races this season.
There should be three sprint races – or even qualifying races – this season, specifically at Silverstone, Monza and Interlagos.
Liberty Media, the promoter of the Formula 1 world championship, has agreed to cover the additional costs for the teams linked to the holding of these three sprint races. The teams had made this a prerequisite in order to give their agreement.
Concretely, Formula 1 has pledged to pay an amount close to half a million dollars to each of the ten teams on the plateau and to raise the budget ceiling, which has been set at 145 million dollars for this. season 2021.
The official name of these sprint races will be ‘Qualifications sprint’ so as not to overshadow the main Grand Prix. These three events will be organized on Saturday afternoon, instead of the classic qualifying session, the latter being brought forward to Friday afternoon.
The Sprint Qualifications, a kind of mini-Grand Prix whose final classification will determine the starting grid for Sunday’s Grand Prix, will be contested over a distance of 100 kilometers. Points counting for the drivers ‘and constructors’ championships will be awarded to the first three, but the exact scale is still being discussed between the teams.
The next F1 Grand Prix will take place in ten days in Emilia-Romagna, on the Imola circuit.
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