The FIA World Motor Sport Council met in Paris today and has announced that it is having active discussions with the Formula 1 teams regarding cost control. Any amendments to the technical regulations, resulting from a further limit on expenditure on the chassis, will be submitted to the WMSC before June 30 and will then be subject to a fax vote. The World Council says that the intention of the FIA is to help all teams participate in the World Championship in a fair and equal manner.
The World Council also said that it is having “constructive Concorde Agreement discussions” with the Commercial Rights Holder, with the intention of finalising an agreement in the coming weeks. It was also decided that the deadline for the closing of entries for the Formula 1 World Championship will be deferred until September 30.
Following the granting of provisional recognition by the International Olympic Committee, the WMSC has now agreed the composition, objectives and structure of a Drivers’ Commission. In addition to a President and Vice President, drivers and co-drivers from across all disciplines of motor sport will be represented in a 10-member Commission to be proposed by the national sporting authorities.
Draft modifications to the FIA Statutes will be submitted to the WMSC in September with a view to being ratified at the next General Assembly.