F1 reveals the news rules for 2021 to improve competition

AUSTIN: closer races and smaller budgets. Formula One He hopes he has found the formula to close the gap between the teams fighting for championships and the cars that appear at the back of the grid to create better and more compelling races.

Series officials unveiled their long-awaited rules for 2021 and beyond Thursday at the U.S. Grand Prix, with Formula One chief executive Chase Carey insisting the changes ``respect the DNA'' of the open-wheel series while improving its future,

The goal has always been to improve competition and action on the track, Carey said. We will have cars that are in better condition to fight on the track.

Formula One has been dominated by Mercedes since the move to the hybrid engine in 2014 as the team has won six consecutive constructor's championships. Mercedes driver Lewis Hamilton You can secure the sixth consecutive team championship on Sunday.

The only teams that even challenged Mercedes on the podium have been Ferrari and Red Bull.

While technical regulations will create more standard parts and make cars a bit heavier and slower, the biggest change is likely to be the new limit on what equipment can spend. While the budgets of the largest teams can reach about $ 500 million, as of 2021 and equipment will be limited to $ 175 million spent for track performance

Those figures will not include expenses for things like marketing, driver contracts and the three highest salaries of the team. But teams that violate the racing budget limit could face penalties, including the loss of a championship.

Set a spending limit F1 teams has been one of the biggest sticking points for years. But each year gets more expensive and the big teams finally came to the table and agreed something needed to be done, said Ross Brawn, F1's managing director.

Budgets have been escalating, Brawn said. F1 is almost a victim of its own success ... All of the big teams wanted cost control. They needed it. They needed saving from themselves.

F1 hopes that by closing the spending gaps, it will close the racing gap as well. Previous efforts at spending limits have been gentlemen's agreements that have been largely ignored, Brawn said.

We have tried this in the past. There aren't many gentlemen in the paddock, he said.

Expanding the season could strain those budgets. Under the new rules, the F1 schedule could expand from its current 21 races to 25. Vietnam has been added as a race in 2020 and F1 is currently making plans to add a Miami Grand Prix in 2021.

We will add races only if we think it really adds to the sport, Carey said.

Technical changes in the heavier car include aerodynamic adjustments and a larger wheel size, and a speed reduction of up to 3 seconds per lap is expected. That would bring them closer to the speeds of the 2016 season.

Formula One will keep the current hybrid engine system. Engine manufacturers that sell to other teams, such as Mercedes and Ferrari, will have to provide their customers with power units equal to the ones they use in their own cars.

Racing Point driver Lance Stroll said he expected the changes to produce the desired track results. Racing Point occupies the seventh place in the current classification of the team and is regularly surpassed by Mercedes, Ferrari and Red Bull while fighting to be first in the middle.

It's great to fight for the best of the rest, Stroll said. But there is no reward for that ... A more closed race is the priority.