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F1 2021 Car Reveal

It was a watershed moment in the history of Formula 1 today as the new car designed for the 2021 regulations was revealed. With the intention of producing more on track action and the ability for drivers to follow the car ahead closely, the efforts over the past 2 years have resulted in a car, and rules, which will dictate the sport for years to come.

From 2021 onwards Formula 1 will have:

  • Cars that are better able to battle on the track

  • A more balanced competition on the track

  • A sport where success is determined more by how well a team spends its money not how much it spends – including, for the first time, a fully enforceable cost cap ($175M per season) in the FIA rules

  • A sport that is a better business for those participating and more attractive to potential new entrants

  • A sport that continues to be the world’s premier motor racing competition and the perfect showcase of cutting-edge technology

The design created by the FIA and engineers involved is to reduce the rake effect which severely hampers current formula cars, particularly in the corners. Turbulent air from the rear of the car produce unstable and unpredictable dirty air which hits the car behind, reduces downforce and in turn slows the car down. It has been a consistent problem over the past few decades in formula 1, but the aim with the new formula is to allow closer battles, more overtakes and exciting racing.

One of the major surprises from the announcement is the introduction of the cost cap of $175M introduced.Touted over a number of years as a way of levelling out the playing field, this new budgetary constraint should theoretically means the teams are more even and therefore produces closer racing. While the cap does not include advertising, the salaries for drivers and top 3 personnel within a team, the new budget cap is a welcome introduction from an era that has seen it dominated by Mercedes.

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