LONDON: Formula One teams must close for three weeks by the end of April in a move that will allow races to be rescheduled during the European summer and help limit the financial impact of the coronavirus outbreak.
What would have been a record 22-round calendar is already suspended, with last weekend’s Australian season opener in Melbourne cancelled and no racing expected until at least the end of May.
The governing International Automobile Federation (FIA) said yesterday that its world Motor Sport Council approved the change to the 2020 regulations to allow the cancellation of a scheduled August break.
The 10 teams must instead shut their factories for three successive weeks between now and the end of April.
“The change was supported unanimously by both the F1 Strategy Group and F1 Commission,” the FIA added.
The switch will also help smaller, privately-owned teams survive what threatens to be an existential crisis as their revenues shrink without any reduction in costs.
Multiple F1 sources told Reuters that the teams, FIA and senior Formula One management will discuss further measures in a conference call today.
That looks likely to involve delaying by a year the introduction of radical new technical regulations planned for 2021.
Teams would otherwise have to devote considerable resources to designing their 2021 cars while also seeking to remain competitive in 2020.
By bringing forward the lockdown, teams can turn off costly windtunnels and freeze development.
British-based Red Bull said they planned to close their Milton Keynes factory on March 27 for three weeks, subject to developments.
The Spanish, Dutch and Monaco Grands Prix in May all look uncertain but have yet to be postponed or cancelled.
Monaco is likely to be cancelled if not held in late May, due to the logistical challenges of organising the race in the Mediterranean principality, but the Dutch round could switch to August.
The sport is also keen to reschedule lucrative races in China, Vietnam and Bahrain.