The introduction of the Gen2 EVO Formula E car has been postponed until the end of the 2021/22 season as a part of wider plan to aid teams and manufacturers in reducing costs amid the covid-19 induced economic crisis.
The FIA World Motor Sport Council has decided today, with the support of all teams, to extend the homologation period with manufacturers now only allowed to alter powertrain components once over the next two seasons. Teams can either introduce a new car for next season for a two-year cycle, or continue to use existing technology before homologating a new car the year after for a single season.
In a statement issued by the FIA, WMSC and Formula E, it states the decision has been made with the long-term financial stability of all parties in mind. Car development costs for the next two seasons will be cut by over half to decrease spending.
“In these difficult times, adapting the cost structures in motorsport is a priority to ensure its sustainability,” said Jean Todt, FIA President.
“I encouraged the decisions regarding the FIA Formula E Championship approved by the World Motor Sport Council in this regard, which are in line with the discussions currently underway for the other FIA disciplines.”
“During these challenging times, we have taken a flexible approach. Not only with the quick and sensible decision to temporarily suspend the season, but now by implementing cost measures to lower development costs for the teams,” said Alejandro Agag, Founder & Chairman of Formula E.
“We listened to feedback from the teams and manufacturers and worked closely with the FIA to push back the launch of the Gen2 EVO and limit teams to a single homologation over the next two years. By doing so we have cut the projected car development costs in half. This was a necessary action to take to contain costs, given the health crisis and economic environment.”