Formula 1 bosses will announce their engine regulation plans for 2021 to F1 teams at the Bahrain Grand Prix.
Team principles including
Christian Horner spoke out during testing that the regulations need to be clarified in order for teams, including new teams looking to enter in 2021, to prepare.
The 2021 engine regulations will be vital to Liberty Media’s life in Formula 1.
It’s also possible that Liberty Media will announce commercial plans for the sport after the 2020 season in which nothing is agreed as of yet.
Horner said” “I think it’s important to have an overview of where the sport’s going for the future, I think everybody’s keen to understand what Liberty’s plans are, and hopefully we’ll see that in the coming weeks.”
Helmut Marko of Red Bull added to this statement: “I was told we’ll get the details in Bahrain, we’ll wait and see what is coming in. Let’s see, but I can’t see the MGU-H staying.
“We agree and we’re sure that there has to be a change on the technical regulations and also on the cost side.
“It has to be reduced. In whatever way, it doesn’t matter but it has to be reduced. Look at our neighbours (Force India). No team is earning money, it’s not solid and healthy business model.”
Williams team principal
Claire Williams seems confident Liberty Media will get it right.
She said: “They’ve inherited quite a complicated sport. And there’s probably quite a lot to unravel.
“Taking their time, they’ll probably make the right decisions in turning this sport into what we need it to be, and that’s a sport for the future that fans want to tune into on a Sunday afternoon.
“I think it's going in the right direction. We’ve got an important meeting in April where they’re going to be talking a lot more about their plans for the future of the sport, so we’ll wait until then.”
Force India deputy team principal Bob Fernley insisted they must put commercial deals on hold until everything else is sorted.
“The key thing is they’ve now got to start delivering a bit, we’ve had this nice build-up, we’ve now got to get it over the hump.
“It’s going to be an important year for them. It’s important to get the engine regs clearly established in 2018 because the manufacturers are going to need that lead time to be able to look at it.
"I think you could wait until 2019 to be able to confirm the chassis regs and anything else because that again you’ve got a year or so to implement it.
"And that leaves you at least a year or more to discuss the commercial side of it.”
The Bahrain Grand Prix takes place on the 8th April.