Formula 1 to extend 2021 tech regulations deadline to October

40

Formula 1's initial end of June deadline to set the regulations in stone will likely be extended to October following a meeting in Montreal on Saturday between the sport's managers and the teams.

A draft of the all-important tech rules and commercial covenants to be ushered in from 2021 was submitted to the teams last week, but subsequent discussions with Liberty Media and the FIA led to the conclusion that more fine-tuning would be required before freezing the various 2021 proposals.

However, reports suggest that Renault was in favour of sticking to the June deadline, a position that could complicate matters as an extension of the deadline to October requires the unanimous consent of all teams per the FIA's sporting code.

Formula 1 to impose $175m cost cap on teams in 2021

Speaking to Sky F1 during this morning's FP3 session, Red Bull team boss Christian Horner declared himself in favour of extending the discussions on the tech regulations between all engaged parties in order to clarify and polish a series of details.

"There was a very constructive discussion this morning between the Liberty guys, the president Mr Todt and the teams, a discussion about postponing that to October," said Horner

"The principles are fundamentally agreed. Like all these things the devil is in the detail.

"While the principles are absolutely right for the way for the sport to move forward, there are some details that are a bit immature that would benefit from all parties sitting around a table and thrashing it out."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.