New rules under consideration
The first draft of Formula One rules for 2008 and beyond will be finalised next month.
World governing body the FIA met today to discuss future regulations, which need to be agreed to establish a framework for Formula One when the current Concorde Agreement expires in 2007.
At the Paris meeting, it was agreed to put draft regulations for 2008 into writing “no later than May 27” so they can be discussed at a world motor sport council meeting on June 29.
If the regulations meet with world council approval, they will be circulated among teams, suppliers and race organisers.
Only Ferrari have agreed to stay with the current Formula One set-up beyond 2007 and today’s FIA statement made it clear the world champions will be given preferential status if that remains the case.
Although all teams will be asked to comment on the draft regulations, “these comments will be considered by the FIA in consultation with all stakeholders who confirm their commitment” to Formula One post-2007.
A final consultation of the world council is planned for October 26 before the new rules are passed on to the FIA general assembly in Rome two days later for final approval.
Only three teams, Ferrari, Jordan and Red Bull, attended today’s meeting after the others decided to stay away.
