A guide to Formula 1’s financial regulations and costs cap

Thursday, 08 August 2024 Author: Kavan Bakhda

This article explains how Formula 1’s financial regulations and cost cap work and discusses whether they are fit for purpose:

Why were financial regulations introduced to Formula 1?
How are the regulations implemented?
How are breaches assessed?
Are the current regulations effective and fit for purpose?

To continue reading or watching login or register here

Already a member? Sign in

Get access to all of the expert analysis and commentary at LawInSport including articles, webinars, conference videos and podcast transcripts. Find out more here.

Hits 1821 Posted in Sports | Motorsport | Articles | Regulation & Governance

Tags: Costs Cap | FIA | Financial Regulation | Formula 1 | Motor Sports | Regulation

Written by

Kavan Bakhda

Kavan is a partner in Kennedys’ London office and is part of the international litigation and arbitration team. Kavan advises leading sport teams and athletes across a variety of different sporting disciplines including but not limited to football, Formula 1 and IndyCar. Kavan specialises in complex commercial litigation and has a broad commercial practice. He has advised on a number of high profile cases involving a variety of multinational banks, funds and businesses.