As the Emilia Romagna Grand Prix is cancelled, many fans may assume that Formula 1 teams can simply relax and regroup for another few days. However, this sudden change to the schedule has extensive consequences for the teams and drivers. For instance, it was expected that this event would be an ideal location for teams to debut the major upgrades that they have worked tirelessly on for months. Mercedes, Ferrari, AlphaTauri and Alfa Romeo, amongst others, had major upgrade plans in place for Imola. With the next race in Monaco being quite unique, there is much debate around whether to commit to these upgrades for Monaco or to hold off until the Spanish Grand Prix – allowing for more strategic placement of the new parts.
Aside from the implications on upgrades, the cancellation of this Grand Prix has also affected trials of new tyre allocation rules. The trial of reducing the sets available to drivers from 13 to 11, as well as assessing the impact of these changes on specific compounds throughout qualifying, was scheduled to be tested at Imola. However, the Hungarian Grand Prix will now become the first trial of these rules.
The impact on the cost cap will also need to be considered. With teams operating on a strict budget of $135 million for 21 races, the loss of Imola would reduce this amount to $136.2 million. However, the rules that allow for late calendar changes mean that this will not affect the financial preparations of the affected teams.
Lastly, the cancellation of a race has a direct impact on the profits teams receive through F1‘s overall income. Hosting fees for races contribute significantly to F1‘s revenue, and race cancellations can result in a loss of earnings. However, the cancellation due to force majeure means that the Emilia Romagna race promoters will not be required to pay their hosting fee this year, which amounts to $20 million. This loss of earnings for the teams will be softened slightly by a reduction in costs for car running expenses and mileage not being used.