Formula 1’s cost-cutting proposals approved by FIA

Formula 1’s plan for cost-cutting measures has been approved by the sport’s governing body the FIA.

The changes to the sporting, technical and financial regulations were passed by e-vote at Wednesday’s world motorsport council meeting.

It was “due to the need to reduce costs and safeguard the sport in light of the Covid-19 pandemic”, said a statement. (Text, photo -BBC)

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