F1 News, Reports and Race Results

FIA doubles F1 teams' allowance for sprint events in 2023

The FIA has announced that F1 teams will receive a $300,000 allowance for each Formula 1 sprint event that will take place in 2023.

Following a meeting of the World Motor Sport Council in Bologna, the governing body confirmed the six venues that will host a Saturday sprint, with Baku, Spielberg, Spa, COTA, Losail and Interlagos adding the 30-minute mad dash to their schedules.

But the WMSC has also voted to increase the current allowance awarded to each team for each sprint race weekend from $150,000 to $300,000.

However, whereby teams were given up to now an additional $100,000 to account for accident damages, there will be no extra allowance for accidents in 2023.

Read also: Formula 1 reveals its six Sprint event venues for 2023

"The World Council approved several updates and clarifications to the 2023 and 2024 Financial Regulations, including an increase of the forfeit allowance amount for each Sprint session from $150k to $300k from 2023 onwards, and the elimination of any subsequent adjustment for accident damage sustained during the Sprint sessions," read a statement from the FIA.

On the safety front, the WMSC also announced that F1's roll hoops would receive improvements from 2024, a change that has come about as a result of the FIA's investigation into the crash of Alfa Romeo's Zhou Guanyu at Silverstone last summer.

Changes have already been implemented for 2023 by tweaking F1's homologation tests. But the FIA says there will be "a significant increase in the required strength of roll hoops" from 2024.

"These updates mean that test loads are applied more horizontally to require better fixing of the roll hoop to the chassis structure," read the governing body's statement.

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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.