Following unanimous agreement between the FIA, Formula 1 and all groups, the implementation of the Technical Regulations due to this of take make from the 2021 season shall be postponed till 2022.
All events further mentioned the present venture of the 2020 championship and the contrivance in which the game will react to the ongoing challenges led to by the COVID-19 pandemic. In consequence of the for the time being unstable monetary venture this has created, it has been agreed that groups will employ their 2020 chassis for 2021, with the ability freezing of further ingredients to be mentioned in due course.
The introduction and implementation of the Monetary Regulations will scurry ahead as deliberate in 2021, and discussions live ongoing between the FIA, Formula 1 and all groups referring to further solutions to make significant label savings.
All groups expressed their reinforce for the FIA and Formula 1 of their ongoing efforts to restructure the 2020 calendar as the worldwide venture referring to COVID-19 develops.
All of those commitments shall be referred to the relevant governing structures for closing ratification.