Ferrari holds the key to final ratification of F1 rules package for 2021
Legacy team has power of veto ahead of expected Nov. 5 signing day for new deal
Ferrari is holding its veto power close to the vest as the announced 2021 Formula 1 rules package heads for final ratification.
Some believed the threat of the controversial veto had receded, with FIA president Jean Todt revealing that the World Motor Sport Council voted unanimously for the rules. But when asked about the 2021 rules that were announced on Thursday in Austin, Texas, ahead of this weekend’s F1 U.S. Grand Prix, Ferrari told German media outlet Auto Motor und Sport in a statement: “What has been voted on is a good starting point.
“We’ll work together to improve it even further.”
Ferrari, a legacy in the sport, is the only team represented on the FIA’s top decision-making body.
What now lies ahead is a meeting on Nov. 5, in which all the teams will be invited to sign up for what is effectively a new Concorde Agreement.
Even Renault, having earlier raised doubts about its participation beyond 2020, is declaring its support for the new rules.
“Certain compromises had to be made, but I think we really have a decent starting point to close the gap to the top and have a say in wins and world titles in the medium term,” said Renault team principal Cyril Abiteboul.
FIA president Todt is urging the teams to sign up.
“It is in everyone’s best interest for the teams to register for 2021 as soon as possible,” Todt said. “Hundreds of jobs and sponsorship contracts depend on it. I’m confident that common sense will prevail in the end.”