Formula 1 is to adjust its budget cap from 2026 to offset the costs of teams that operate in countries with higher salary levels.
Formula 1 is to adjust its budget cap from 2026 to offset the costs of teams that operate in countries with higher salary levels, BBC Sport has learned.
The decision has been under discussion for at least two years but was confirmed at the world motorsport council of governing body the FIA on Thursday. Among these are the the removal of the ability of UK-based teams to gain a tax rebate for research and development costs, and the effect of changes to exchange rates in the period since the cap was introduced in 2021.
The basis for the calculations are figures from the Organisation for Economic Co-Operation and Development on average salaries in countries around the world, as well as the salary figures of teams in F1.
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