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2021 Formula 1 Driver Lineup: Everything You Need To Know

The 2020 Formula 1 season was unlike any other due to the COVID-19 pandemic that shook things up considerably and imposed calendar changes. Regardless, we got to see many interesting races, new winners and losers, and all sorts of shenanigans on and off the track. For starters, there were were 2 new circuits (Mugello and Portimao), 3 returning circuits (Imola, Nurburgring and Turkey), 2 new race winners, 3 new podium finishers, and 1 new polesitter. McLaren had their best finish in the Constructors’ Championship since 2012, while Ferrari was a disaster and had their worst season since 1980. At the end, Mercedes came out on top in both the Drivers’ and Constructors’ Championships in a dominant manner. It was all very wild and thrilling, and we can’t wait to see what next year has in store.

Red Bull F1 Team Reportedly Set to Sign Sergio Perez to Pair With Max Verstappen

Red Bull F1 Team Reportedly Set to Sign Sergio Perez to Pair With Max Verstappen Free agent Perez finished fourth in the F1 Drivers Championship this season. Bryn LennonGetty Images Sergio Perez is reportedly heading to Red Bull Racing for 2021, with an announcement expected as early at Friday. Perez, who turns 31 on Dec. 26, finished fourth in the F1 Drivers Standings. Perez would be replacing Alex Albon at Red Bull and team with Max Verstappen. A Red Bull-owned media outlet in Europe is reporting today that Sergio Perez is heading to Red Bull Racing to take the seat occupied in 2020 by Alex Albon.

2021 Formula 1 entry fees confirmed by FIA | F1 News by PlanetF1

2021 Formula 1 entry fees confirmed by FIA Date published: December 18 2020 The FIA have finalised the entry fees which teams will be required to pay for the upcoming 2021 Formula 1 season. $556,509 was the basic total which a team had to pay to take part in the 2020 season, and then additional sums were calculated based on every point that team scored in the previous year’s Championship. That basic rate has now risen to $569,308 for the 2021 campaign, a 2.3% increase in line with the inflation rate in the United States, with a fee for each point scored in 2020 then calculated. Since Mercedes won the 2020 Constructors’ Championship, the seventh time in a row they have collected that prize, their sum for points scored increases compared to the remaining teams.

2021 Formula 1 entry fees confirmed by FIA

2021 Formula 1 entry fees confirmed by FIA PlanetF1 18/12/2020 © Getty Images 2020 Abu Dhabi Grand Prix start The FIA have finalised the entry fees which teams will be required to pay for the upcoming 2021 Formula 1 season. $556,509 was the basic total which a team had to pay to take part in the 2020 season, and then additional sums were calculated based on every point that team scored in the previous year’s Championship. That basic rate has now risen to $569,308 for the 2021 campaign, a 2.3% increase in line with the inflation rate in the United States, with a fee for each point scored in 2020 then calculated.

McLaren risked progress stalling without new investment

McLaren risked progress stalling without new investment PlanetF1 18/12/2020 © Getty Images McLaren celebrate McLaren’s “fragile” business model meant that their Formula 1 progress could have stalled without finding fresh investment. An American consortium, led by MSP Sports Capital, have agreed to purchase a 15% stake in the McLaren Formula 1 team, worth £185million. The group then have the opportunity to increase their stake in the team to 33% by 2022. The global pandemic has hit the automotive industry hard, but few were impacted as severely as McLaren who have been forced to secure loans, as well as search for a buyer for their Technology Centre.

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