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How Do Cost Controls Work In Motorsports?

How Do Cost Controls Work In Motorsports?
Sunday, 23 May 2021 By Manan Agrawal, Yama Otung

The ‘Cost Controls In Motorsport’ panel took place as part of LawInSport’s inaugural Motorsport Law Conference on 30 March 2021.[1]  The panel discussed the newly introduced cost control measures in Formula 1.  This article summarises the main points and insights made during the discussion. The speakers were:

  • Joel Cohen - General Secretary, Motorsport UK
  • Carl Troman - Barrister, 4 New Square
  • Jamie Horner - Partner, Keystone Law, Director Arden Racing & the Young Racing Driver Academy (YRDA)
  • Tom de la Mare QC - Barrister, Blackstone Chambers
  • Sean Cottrell - Founder and CEO of LawInSport (as moderator)

Plus Members can view the entire panel session here.

Disclaimer: Please note that nothing written in this article is attributed to any particular speaker.

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About the Author

Yama Otung

Yama Otung

Yama is an Editor at LawInSport, working with Chris Bond and the Editorial board on content review and commissioning. Prior to joining LawInSport, Yama trained as a solicitor at a leading media law firm and subsequently worked as a sports arbitration and disputes lawyer at a boutique sports firm.

Yama was formerly a Trustee of the Palace for Life Foundation, Crystal Palace FC where she focused on providing opportunities to disadvantaged young people in South London.

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Manan Agrawal

Manan Agrawal

LawInSport

Manan is currently an Editor at LawInSport. Before joining LawInSport, Manan practiced law at a leading media and entertainment law firm in Mumbai, India. Manan has been a part of LawInSport's inaugural Academy Mentoring Scheme and was mentored by LawInSport CEO and Founder, Sean Cottrell.

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Copyright © LawInSport Limited 2010 - 2021. These pages contain general information only. Nothing in these pages constitutes legal advice. You should consult a suitably qualified lawyer on any specific legal problem or matter. The information provided here was accurate as of the day it was posted; however, the law may have changed since that date. This information is not intended to be, and should not be used as, a substitute for taking legal advice in any specific situation. LawInSport is not responsible for any actions taken or not taken on the basis of this information. Please refer to the full terms and conditions on our website.