The FIA has announced it will double teams’ cost cap allowance for each F1 sprint race in 2023
Since the introduction of F1 sprint races in 2021, teams have been given additional breathing room in the budget cap make up for the extra on-track running, as well as receiving an accident allowance for major incidents in the 100km Saturday events.
Currently, each team receives an additional $150,000 allowance in the budget cap, as well as a further $100k allowance per car for accident damage sustained during a sprint, which could increase if the cost is greater than $100k. Earlier today, F1 announced the venues for the six sprint races in 2023, marking an expansion of the format from three events per season in the past two years. Baku, Red Bull Ring, Spa, COTA, Losail and Interlagos will host the six sprints in the coming season.
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