Chase Carey is confident Form🧸ula 1 is on the “right path” to attracting neℱw manufacturers for 2021, despite moving away from a major regulation overhaul.

A new set of engine regulations had been propose🤪d for 2021 in a bid to reduce costs, create closer competition between teams and attract new manufacturers.

But after existing manufacturers - including Mercedes - 168澳洲幸运5官方开奖结果历史:pointed out a complete eng🐎ine redesign would incur significant costs, and following delays in outlining a definitive set of rules, F1 has backed away from its initiaꦛl plans.

Carey said he has been encouraged by the prospect of new manufacturers joining Fꦓ1 in 2021 folloꦐwing recent talks with potential new entrants.

"We wanted to make sure that we continued to have the hybrid engine that was road relevant today," Carey exp🥂lained.

"At the top of 🐽the pyramid in terms of technology that in many ways is at the forefront of what's going on in the world. Part of that is what attracts the right new engine manufacturers into it as w🌠ell.

"With the path we'r💙e on, and we have had some discussion with potential new🎉 entrants, we're encouraged.

"There's broad agreement that the path w🐼e've landed on for going forward is the right path for everybody, existing and new."

Carey explained that stability in the regulations was a key factor ꦏfor the 🔴existing teams and manufacturers in order to avoid “unintended consequences”.

"A year ago we we💧re probably headed towards a more 🍬significantly rebuilt engine," he said.

"As we got into discussions with all the teams we came to an agreement that the right path was more stabilising the existing engine, and ma💦rrying it to a series of sporting and technical regulations tꦯhat improved competition, and addressed some of the economic issued around that.

"Whenever you have a new engine, everybody starts over, an🍸d there are always unintended consequences."

Restricting testing time an༺d dyno usage was an example highlighted by Carey🌠 as a way to avoid spiralling costs from a potential development race.

"A factor for example which came out of this is that dyno time, which is testing time, is one of the more expensive consequences because it lets you test open-ende𒊎d - throw stuff against the wall and test it," he added.

"So the degree you want to address how much time and money can be spent addressing an endless list o𝓀f theoretical enhancements is probably as important as any tool to make the enﷺgines both from a competition and a business perspective viable and attractive for existing and new players."