Formulation 2 CEO Bruno Michel says a brand new prize fund for drivers getting into the sequence ought to make it simpler for them to finish a full season.
Beginning this 12 months, the highest 5 finishers within the Formulation 3 season will every obtain a six-figure sum to go in the direction of the price of a seat in F2. The overall pay-out can be €1 million, with the winner receiving €300,000 and the rest awarded in lowering €50,000 increments to €100,000 for fifth place.
Pirelli already awards €300,000 to the F3 champion, that means they may instantly obtain €600,000 in the direction of an F2 season. Michel acknowledged that gained’t be sufficient to fund a full season in F2 however stated will probably be a priceless contribution in the direction of it.
“Already a prize fund of 1 million euros is one thing that’s fairly vital,” he informed media together with RaceFans. “It’s good that we share it between the highest 5 drivers. We may have determined to provide it to just one driver, however I believe it could not be truthful.
“The thought to do it as it’s, in fact, is just not going to finance a full season in Formulation 2. There’s little doubt about that. Even when the primary driver, when you add up what he’s already getting as a prize fund from Pirelli, plus what this prize fund will give to him, it’s going to be 600,000 euros. It’s already a great sum of money.
“It’s true that for the motive force who’s [fifth] within the championship, 100,000 euros is just not going to finance a full season of F2, nevertheless it’s a assist. The drivers want to seek out cash and usually discover cash from a number of sources, not solely from just one. And that can be one in every of them.”
A full-time seat in F2 sometimes prices a number of million euros. Michel hopes the added award means drivers who might need struggled to place collectively a price range for a full season will discover it simpler to take action.
“We’re doing that to guarantee that the drivers are finishing a full season in Formulation 2,” he stated. “You in all probability realised that till we bought to Baku, we had precisely the identical drivers because the starting of the 12 months, in the direction of Monza, which is sort of a great achievement.
“So the prize can be totally given so long as the motive force is totally competing on the season.”
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