quote:In an unprecedented move, the Confederation of Australian Motor Sport will own all 20 Formula 4 chassis that compete in the category’s inaugural season.
CAMS has today confirmed that it will run a ‘Teams’ format for the championship, which will see individuals rent the Mygales from the governing body and prepare the cars themselves.
CAMS will meanwhile act as category managers for the championship after a tender process failed to attract a successful applicant.
quote:“The object here is to make FIA Formula 4 the first indisputable step for single-seater racing drivers and it’s great that CAMS and Australia have embraced this very interesting and exciting phase for motor sport.”
CAMS says that costs to competitors will be “capped at $170,000 per annum”, although “cost variation will be dependant upon team structure”.
I am amazed that a relatively lowly step on the ladder can cost as much as $170,000 per season.
It certainly appears that Formula 3 will be phased out over the next few years. I wonder what a season of F3 costs now in comparison, but with F4 classes spreading, it may give drivers a better chance of international drives.