Schumacher, Ilott and Schwartzman complete Ferrari test at Fiorano. Lando Norris takes on quick-fire questions during a hot lap. Simulations suggest the cars will be approximately 3.5 seconds slower as a result, bringing the cars in line with 2016 lap times, before the wider-body, aero-heavy 2017 regulations were introduced. The full 2021 sporting regulations can be found here. Brawn promised the key to winning under the new regulations will be quality, not quantity, of spend. Magnussen, Grosjean to leave Haas at end of 2020, Power Rankings: Introducing the F1 Comfy and Uncomfy Clubs, Nicolas Hamilton: Lewis' 91 wins show dreams can come true, The story behind Toto Wolff's lap record and huge crash at the Nurburgring, Like Schumacher, Hamilton earned his special place in F1 history, Why Hamilton matching Schumacher's records is so remarkable, Fantastic Grand Prix as Hamilton equals Schumacher, Bottas on pole, Red Bull closing in, Hulk back in action, Mercedes confirms another COVID-19 case in F1 team, Fog ends Mick Schumacher's practice hopes in Germany, F1 practice at the Nurburgring cancelled due to fog.

F1 racing chief Ross Brawn promised any team breaking those rules will faces the harshest penalties possible -- "If you fraudulently breach the financial regulations, you will be losing your championship". On Thursday, the proposed deadline for publication on the new rules, the championship revealed a glimpse of the future ahead of this weekend's U.S. Grand Prix The main goal of the new rules has been to make cars less aerodynamically complicated and sensitive, allowing others to follow more closely, while also being less dependent on tyre performance. Carlos Sainz Jr. or Snr? F1 driver market: Mick Schumacher to Haas or Alfa Romeo? It will be the first game built for next-gen after all, so making a splash will be paramount. A 'dry run' will take place in 2020 when the teams will be audited, but there will be no penalties for going over the $175 limit until 2021. F1® 2020 allows you to create your F1® team for the very first time and race alongside the official teams and drivers. As expected, there will be a cost cap implemented for the 2021 season of $175 million, with an additional $1 million added every time a new race is added to the calendar. (1:34). The cars will be heavier, increasing from a minimum weight of 743kg to 768kg, and will also have less downforce. Therefore, we are quite confident that the performance will not be a ket parameter that will differentiate these cars from the current cars.". Watch the U.S. Grand Prix on ESPN2. At a press conference ahead of Sunday's U.S. Grand Prix at the Circuit of the Americas, F1 unveiled the technical and sporting regulations which include new financial rules including a cost cap to bind every team. The sporting side of the regulations has not been overhauled to the same extent as the technical, but one key change is the compression of a race weekend from four days to three. Compete on 22 circuits, with current and classic content. Current F1 cars only retain 55 percent of their total downforce once they are within a car's length of the car in front, dramatically reducing their ability to remain close through high-speed corners. However, the FIA's head of single seater racing, Nicholas Tombazis, said the standard parts have been limited to areas where there is little performance differentiation -- such as wheel rims -- and the very prescriptive areas have been limited to parts that impact overtaking. However, the penalty for breaking the other elements will be harsh, including disqualification from the championship.

All aspects of the new technical regulations are aimed at creating closer racing: both in a wheel-to-wheel sense and in terms of the spread of competition. AUSTIN -- Formula One has unveiled what its cars will looks like from 2021 and beyond with a promise of closer wheel-to-wheel racing and a more evenly matched competitive order between the biggest and smallest teams. "We have of course restricted some areas because some areas are key to the [aerodynamic] wake performance and we don't want to throw away that massive advantage [for overtaking].". Say hello to the future of F1The countdown to 2021 starts now...#F12021 pic.twitter.com/zpBznBzpyx. The cost cap mentioned above is the main aspect of the new financial regulations. "We are expecting cars to be approximately between 3.0 and 3.5 seconds slower per lap," Tombazis said.

In order to reduce the amount of new parts that are flown in during a race weekend, a "reference specification" will be introduced that teams have to stick to for the rest of the weekend.

The traditional media and setup day on a Thursday will now be crammed into Friday alongside practice, with the aim of reducing the days teams spend travelling. Drivers and teams are scheduled to compete for t… But after two years of heavy innovation, what do they do with F1 2021? Pile-up after safety car restart red flags Tuscan Grand Prix, Mick Schumacher drives Michael's 2004 Ferrari at Tuscan Grand Prix, Why drivers are relishing the challenge of the 'crazy' Mugello circuit, Ocon spin stops Bottas to give Hamilton pole, Perez handed one place grid drop for Tuscan GP, Aston Martin deal gives Vettel last laugh over Ferrari, Gasly opens up on learning from 'very special' Hamilton influence, Red Bull can't ignore the Gasly question any more, Monza classic offers glimpse of F1's exciting future, Gasly congratulated by French president Macon, Horner: It's obvious Mercedes favours Hamilton over Bottas.

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