The registration period for engine manufacturers for the new regulations from 2026 ended on 15 October. Only Audi signed up in time. Ferrari, Mercedes, Renault and RB Powertrains received one-month extensions. It’s about money.
The deadline was October 15. Engine manufacturers wishing to compete in the Formula 1 World Championship under the new regulations from 2026 should show their colors by that date. However, only newcomer Audi signed up by the deadline. Ferrari, Mercedes, Renault and RB Powertrains refused and were granted an extension to November 15.
Established manufacturers were not satisfied with various points in the regulations. As always, it was about money and details in the rules. And that the world association could theoretically change the rules after the registration deadline by the end of October.
The FIA wants to increase the registration fee for engine manufacturers. From 850,000 euros in the first year to millions in subsequent years. The association justifies the price increase by saying it costs more money to monitor the cost cap. Next year starts with $95 million for current manufacturers and $105 million for newcomers like Audi.
The same limit values apply in 2024. In the last year of the preparatory phase, the donation for new manufacturers will be reduced to 100 million dollars. From 2026, the same budgets will apply to everyone. Spending is limited to $130 million.
Customer engines are to become more expensive
From the financial audit of the teams last year, the FIA knows how difficult it is to track costs. Automakers make auditing and cost allocation even more difficult than teams because it’s even easier to hide spending in other areas. The FIA requires an expenditure allowance for this. At the same time, he wants to set the price for customer teams at 15 million euros, as before.
Ferrari, Mercedes, Renault and RB Powertrains are demanding an increase in the lump sum to 20 million euros. “Which still doesn’t cover costs,” says the manufacturer circles. Especially since, unlike in the past, now you should also pay a million for the bureaucracy of the FIA. There are also rumors that car companies are considering a share of Formula 1 earnings as teams. They are considered part of the show, as are the chassis manufacturers. At Liberty they will probably bite into the granite.
The term brings clarity about Honda and Porsche
The condition of the RB power units is also still an issue. The world champion team’s engine division is considered 90 percent rookie at the moment. That means there is only an extra nine million for the cost cap in 2023 and 2024. In 2025, there will be another 4.5 million. The key question is what happens when Honda jumps back on the bandwagon. This could change the rookie status depending on the involvement of the Japanese. Red Bull would definitely build an internal combustion engine. Honda would only have the electrical part left.
With the new date of November 15, the FIA wants to remain firm should the manufacturers play a strategic game with their delay policy. It could be an exciting date as it will shed light on what plans Honda and Porsche have and whether one of the carmakers currently considering a commitment to F1 will dare to come out in 2026. Experts expect it would be too much for Hyundai or Ford soon start in four years. Those who want to be there from 2027 have until June 30, 2023 to decide.