Categories: Sports

Formula 1 sprint races:2022 compromise proposed in attempt to break impasse

Formula 1 has put forward a compromise proposal in an attempt to break the impasse over sprint qualifying races for this season.

F1 had agreed in principle with the teams to double the number of sprint events to six in 2022, but a stand-off developed over the financial terms.

Advertisement

F1 has now proposed to hold only three sprint weekends on similar commercial terms to last year’s inaugural events.

The new plan will go ahead only if eight of the 10 teams approve it.

Advertisement

The ‘sprint’ format was a new approach to an F1 weekend that was trialled at the British, Italian and Sao Paulo Grands Prix last year. It introduced a short race on Saturdays in place of qualifying, which set the grid for the main event on Sunday.

F1 has shown the teams data that proves the sprint events increased both audience figures and income.

Advertisement

Last year, a financial deal was agreed to provide the teams with a small payment to offset the costs of more racing.

But some of the big teams have been seeking to take advantage of that by demanding an increase in the budget cap, which is set at $140m (£103m) this year.

Advertisement

McLaren Racing chief executive Zak Brown said last month that one of the top three teams – Red Bull, Mercedes and Ferrari – had asked for a $5m increase in return for agreeing to six sprint events.

F1 has refused to accept the need for an increase in the budget cap.

Advertisement

It argues that it would risk undermining the aim of the new regulations introduced this year, which seek to close up the field and make the racing more competitive.

F1 president Stefano Domenicali has proposed a compromise offer that reduces the number of sprints to three.

Advertisement

Last December, F1 made an offer that valued each sprint event at a payment of an extra $100,000 per team. It is said to be still working through the numbers on its latest proposal.

There has been no firm decision on where the three sprint events will happen, if an agreement can be reached.

Advertisement

Fry promoted by Alpine

Alpine have promoted Pat Fry to chief technical officer from his previous role as chassis technical director, as part of an ongoing reshuffle that saw executive director Marcin Bukowski leave the outfit last month.

Engineering director Matt Harman has been given additional overall responsibility for car performance and technical department management.

Advertisement
Sola Adeyemo

Recent Posts

Breaking: FIRS Announces Fresh Recruitment, See Eligibility Criteria, Application Deadline

The Federal Inland Revenue Service (FIRS) has begun its recruitment exercise for experienced professionals to…

6 hours ago

Primate Ayodele’s Prophecies For 2025

Primate Elijah Ayodele Unveils 94-Page Prophecy for 2025, Makes Striking Predictions About Nigeria’s Political and…

8 hours ago

Tinubu’s Aide Condemns Plan To Reinstall ‘Jesus Is Not God’ Banner In Lekki Mosque

The Senior Special Assistant to President Bola Tinubu on Community Engagement (North Central), Abiodun Essiet,…

11 hours ago

President Tinubu’s reforms not responsible for food stampedes – FG

The Minister of Information and National Orientation, Mohammed Idris, has warned politicians against linking stampedes…

11 hours ago

I will be more influential in Nigeria than UK – Tobi Adegboyega

Tobi Adegboyega, founder of the Salvation Proclaimers Anointed Church (SPAC Nation), has stated that he…

11 hours ago

Petrol To Sell ₦‎935/Litre From Today – IPMAN

The Independent Petroleum Marketers Association of Nigeria has said that petrol is going to sell…

11 hours ago