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FIA doubles F1 teams' allowance for sprint events in 2023

The FIA has announced that F1 teams will receive a $300,000 allowance for each Formula 1 sprint event that will take place in 2023. Following a meeting of the World Motor Sport Council in Bologna, the governing body confirmed the six venues that will host a Saturday sprint, with Baku, Spielberg, Spa, COTA, Losail and Interlagos adding the 30-minute mad dash to their schedules. But the WMSC has also voted to increase the current allowance awarded to each team for each sprint race weekend from $150,000 to $300,000. However, whereby teams were given up to now an additional $100,000 to account for accident damages, there will be no extra allowance for accidents in 2023. Read also: Formula 1...
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