Formula 1 needed to delay the confirmation of its 2021 rules package to ensure it 'thrives' over the next decade, according to Mercedes chief Toto Wolff. F1 had been due to set out its plans for '21 in June, as per World Motor Sport Council rules, but unanimously agreed to delay that until October in order to seek further clarification on a number of key areas. To ensure all the teams were onboard with the delay, it has been agreed that a $175 million budget cap will be introduced, but aerodynamic, sporting and commercial matters are yet to be signed off – these will be announced in October. Wolff believes the delay was necessary to ensure the best possible outcome for the...
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