Formula 1 teams have been allowed more time to finalise cost cutting proposals which the governing body hopes to write in to the 2013 technical regulations.
The FIA confirmed in a statement mid-June that they were actively seeking to add to the regulations ways in which teams must reduce spending, in order to create a level playing field for smaller teams to compete on.
However, the June 30th deadline provided to the teams to agree such measures is set to pass today without agreement.
The FIA has therefore delayed the WMSC fax vote on the matter until late-July when it’s hoped the teams will have reached a unanimous agreement on ways in which to cut expenditure.
The June 30th deadline also marked the last date in which the following years technical and sporting regulations can be amended without agreement from all 12 teams, and given Red Bull and Toro Rosso’s opposition to such measures, any changes for 2013 now seem unlikely.
It is however understood that the FIA is willing to accept a majority vote on the matter, bypassing the unanimity rule, when the extended deadline approaches, but only if a suitable proposal has been put forward.
Discussion about this post