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==Future== [[File:F1 yellow flag and SC sign.jpg|thumb|A sign announcing that the [[safety car]] (SC) is deployed]] The expense of Formula One has seen the FIA and the Formula One Commission attempt to create new regulations to lower the costs for a team to compete in the sport.<ref>{{cite web|last1=Roberts|first1=James|last2=Noble|first2=Jonathan|title=Small F1 teams hopeful of progress on cost cuts before season start|url=http://www.autosport.com/news/report.php/id/117446|website=Autosport.com|publisher=Haymarket Media|access-date=8 March 2015|date=23 January 2015|archive-date=23 March 2015|archive-url=https://web.archive.org/web/20150323012933/http://www.autosport.com/news/report.php/id/117446|url-status=live}}</ref><ref name=Changes2016>{{cite web|last1=Benson|first1=Andrew|title=Mercedes & Red Bull split on changes to F1 cars for 2016|url=https://www.bbc.co.uk/sport/0/formula1/31454550|website=BBC Sport|access-date=8 March 2015|date=13 February 2015|archive-date=16 February 2015|archive-url=https://web.archive.org/web/20150216000634/http://www.bbc.co.uk/sport/0/formula1/31454550|url-status=live}}</ref> Following their purchase of the commercial rights to the sport in 2017, [[Liberty Media]] announced their vision for the future of Formula One at the [[2018 Bahrain Grand Prix]]. The proposal identified five key areas, including streamlining the governance of the sport, emphasising cost-effectiveness, maintaining the sport's relevance to road cars and encouraging new manufacturers to enter the championship whilst enabling them to be competitive.<ref>{{cite news|url=https://www.speedcafe.com/2018/04/07/liberty-media-tables-f1-2021-vision-teams/|title=Liberty Media tables F1 2021 vision to teams|work=Speedcafe|date=7 April 2018|access-date=7 April 2018|archive-date=24 May 2018|archive-url=https://web.archive.org/web/20180524143850/https://www.speedcafe.com/2018/04/07/liberty-media-tables-f1-2021-vision-teams/|url-status=live}}</ref> On 19 August 2020, it was announced that all 10 teams had signed the new Concorde Agreement.<ref>{{Cite web|title=All 10 teams reach new Formula 1 Concorde Agreement|url=https://www.formula1.com/en/latest/article.breaking-all-10-teams-reach-new-formula-1-concorde-agreement.4jufgsSeN47TYwLhbcznXi.html|date=19 August 2020|access-date=28 August 2020|website=formula1.com|language=en|archive-date=4 October 2020|archive-url=https://web.archive.org/web/20201004003924/https://www.formula1.com/en/latest/article.breaking-all-10-teams-reach-new-formula-1-concorde-agreement.4jufgsSeN47TYwLhbcznXi.html|url-status=live}}</ref> This came into effect at the start of the 2021 season and changed how prize money and TV revenue is distributed.<ref>{{Cite web|last=Barretto|first=Lawrence|title=What the new Concorde Agreement means for Formula 1|url=https://www.formula1.com/en/latest/article.analysis-what-the-new-concorde-agreement-means-for-formula-1.1Z97Z6vRwfDTHVhGbSS510.html|date=19 August 2020|access-date=28 August 2020|website=formula1.com|language=en|archive-date=22 August 2020|archive-url=https://web.archive.org/web/20200822142434/https://www.formula1.com/en/latest/article.analysis-what-the-new-concorde-agreement-means-for-formula-1.1Z97Z6vRwfDTHVhGbSS510.html|url-status=live}}</ref> ===Environmental impact=== Formula One has initiated a plan to become [[carbon neutral]] by 2030. By 2025, all events should have become "sustainable", including eliminating single-use plastics and ensuring all waste is reused, recycled or composted.<ref>{{Cite web|url=https://www.formula1.com/en/latest/article.formula-1-announces-plan-to-be-net-zero-carbon-by-2030.5IaX2AZHyy7jqxl6wra6CZ.html|title=Formula 1 announces plan to be Net Zero Carbon by 2030|date=12 November 2019|website=formula1.com|access-date=12 November 2019|archive-date=12 November 2019|archive-url=https://web.archive.org/web/20191112101211/https://www.formula1.com/en/latest/article.formula-1-announces-plan-to-be-net-zero-carbon-by-2030.5IaX2AZHyy7jqxl6wra6CZ.html|url-status=live}}</ref> A report conducted by Formula One estimated that the series was responsible for 256,000 tonnes of [[carbon dioxide]] emissions in the [[2019 Formula One World Championship|2019 season]], finding that 45% of emissions were from logistics and only 0.7% were from emissions from the cars themselves.<ref>{{Cite web |title=Net Zero Carbon: How Formula 1 is going to meet this ambitious target by 2030|url=https://www.formula1.com/en/latest/article.net-zero-carbon-how-formula-1-is-going-to-meet-this-ambitious-target-by-2030.5QsK9NpYbz7pXp7423I3iJ.html |access-date=4 July 2023 |website=formula1.com |language=en |archive-date=5 July 2023 |archive-url=https://web.archive.org/web/20230705222000/https://www.formula1.com/en/latest/article.net-zero-carbon-how-formula-1-is-going-to-meet-this-ambitious-target-by-2030.5QsK9NpYbz7pXp7423I3iJ.html |url-status=live }}</ref><ref>{{Cite web |url=https://corp.formula1.com/wp-content/uploads/2019/11/Environmental-sustainability-Corp-website-vFINAL.pdf |title=2019 Carbon Dioxide Report |access-date=4 July 2023 |archive-date=1 April 2022 |archive-url=https://web.archive.org/web/20220401202335/https://corp.formula1.com/wp-content/uploads/2019/11/Environmental-sustainability-Corp-website-vFINAL.pdf |url-status=live }}</ref> In January 2020, FIA and Formula One signed the United Nations "Sports for Climate Action" framework. After the signing was announced, FIA President Jean Todt said: "As an international Federation comprising 244 members in 140 countries and the leader in motor sport and mobility development, we are fully committed to global environmental protection. The signing of this UN Sports for Climate Action Framework reinforces the momentum that has been growing in our Federation for many years. Since the introduction of the hybrid power unit in F1 to the creation of the Environment and Sustainability Commission, the entire FIA community has been investing time, energy and financial resources to the benefit of environmental innovations. We aim to inspire greater awareness and best practice in sustainability motor sport standards."<ref>{{cite web|url=https://formulaspy.com/f1/fia-and-formula-1-sign-un-sports-for-climate-action-framework-67105|title=FIA and Formula 1 sign UN Sports for Climate Action Framework|access-date=22 January 2020|website=FormulaSpy.com|date=22 January 2020|archive-date=31 July 2020|archive-url=https://web.archive.org/web/20200731181801/https://formulaspy.com/f1/fia-and-formula-1-sign-un-sports-for-climate-action-framework-67105|url-status=live}}</ref> From the 2021β22 season, all cars increased the bio-component of their fuel, using [[E10 fuel]], rather than the 5.75% of [[Ethanol fuel|ethanol]] previously used. This percentage is expected to grow again in the future.<ref>{{Cite web|title=10 things you need to know about the all-new 2022 F1 car|url=https://www.formula1.com/en/latest/article.10-things-you-need-to-know-about-the-all-new-2022-f1-car.4OLg8DrXyzHzdoGrbqp6ye.html|access-date=18 November 2021|website=formula1.com|language=en|archive-date=25 May 2022|archive-url=https://web.archive.org/web/20220525004734/https://www.formula1.com/en/latest/article.10-things-you-need-to-know-about-the-all-new-2022-f1-car.4OLg8DrXyzHzdoGrbqp6ye.html|url-status=live}}</ref> In December 2020, the FIA claimed that it had developed a fuel with 100% sustainability, to be used in Formula One from either 2025 or 2026, when new engine regulations come into force.<ref>{{Cite news|last=Benson|first=Andrew|date=17 December 2020|title=F1: FIA says it has developed 100% sustainable fuel|work=BBC Sport|url=https://www.bbc.co.uk/sport/formula1/55352108|access-date=18 December 2020|archive-date=17 December 2020|archive-url=https://web.archive.org/web/20201217163521/https://www.bbc.co.uk/sport/formula1/55352108|url-status=live}}</ref> === Social inequities === Prior to the beginning of the [[2020 Formula One World Championship]], F1 announced and launched the #WeRaceAsOne initiative.<ref name=":02">{{Cite web|title=Formula 1 launches #WeRaceAsOne initiative to help fight challenges of COVID-19 and global inequality|url=https://www.formula1.com/en/latest/article.formula-1-launches-we-race-as-one-initiative.3s2AhNDApNDzrCoQDc1RY8.html|access-date=11 January 2022|website=formula1.com|language=en|archive-date=10 August 2020|archive-url=https://web.archive.org/web/20200810004101/https://www.formula1.com/en/latest/article.formula-1-launches-we-race-as-one-initiative.3s2AhNDApNDzrCoQDc1RY8.html|url-status=live}}</ref> The initiative primarily focuses on visible displays of solidarity in the fight against racism on Grand Prix Weekends, as well as the creation of a Formula 1 Task Force that will "listen to people from across the paddock [...] and make conclusions on the actions required to improve the diversity and opportunity in Formula 1 at all levels".<ref name=":02" /> The move spurs from the growing questions about racism and global inequalities perpetuated by the sport. The 70-year history of the World Championship has been dominated by European and white drivers, with the first (and only) black driver, [[Lewis Hamilton]], participating in the world championship since 2007.<ref>{{Cite web|title=Lewis Hamilton {{!}} Biography, Titles, & Facts|url=https://www.britannica.com/biography/Lewis-Hamilton|access-date=11 January 2022|website=britannica.com|language=en|archive-date=28 April 2021|archive-url=https://web.archive.org/web/20210428185929/https://www.britannica.com/biography/Lewis-Hamilton|url-status=live}}</ref> In addition to organization-wide measures, individual teams have also acknowledged deficiencies in the sport's cultural and political activism. During the 2020 season, the [[Mercedes-AMG Petronas F1 Team]] conducted a study of its racial composition and found that approximately 95% of its workforce was white.<ref>{{Cite news|last=Smith|first=Luke|date=7 August 2020|title=Lewis Hamilton Is Demanding Change|language=en-US|work=The New York Times|url=https://www.nytimes.com/2020/08/07/sports/autoracing/lewis-hamilton-formula-1-diversity.html |archive-url=https://web.archive.org/web/20200807151729/https://www.nytimes.com/2020/08/07/sports/autoracing/lewis-hamilton-formula-1-diversity.html |archive-date=7 August 2020 |url-access=registration |url-status=live|access-date=11 January 2022|issn=0362-4331}}</ref> Due to the results of the study, the team changed the car's livery to promote anti-racism messages and also launched the Accelerate 25 programme. The program vows that approximately 25% of all new hires to the team will come from underrepresented minorities in the sport until 2025.<ref>{{Cite web|title=Mercedes Launches 'Accelerate 25' Diversity & Inclusion Programme|url=https://www.mercedesamgf1.com/en/news/2020/12/mercedes-launches-accelerate-25-diversity-inclusion-programme/|access-date=11 January 2022|website=mercedesamgf1.com|language=en|archive-date=11 January 2022|archive-url=https://web.archive.org/web/20220111030404/https://www.mercedesamgf1.com/en/news/2020/12/mercedes-launches-accelerate-25-diversity-inclusion-programme/|url-status=live}}</ref> The 20 drivers on the grid have also stood in solidarity on multiple occasions in the fight against racism both on and off the track. Following the [[murder of George Floyd]] in the summer of 2020, all twenty drivers wore "End Racism" shirts and took part in an organised anti-racism protest during the pre-race formalities.<ref>{{Cite web|title=Formula One drivers wear 'End Racism' shirts and take a knee before season opener|url=https://www.nbcnews.com/news/world/formula-one-drivers-wear-end-racism-shirts-take-knee-season-n1232925|access-date=11 January 2022|website=NBC News|date=5 July 2020|language=en|archive-date=11 January 2022|archive-url=https://web.archive.org/web/20220111025332/https://www.nbcnews.com/news/world/formula-one-drivers-wear-end-racism-shirts-take-knee-season-n1232925|url-status=live}}</ref> In the year since, Lewis Hamilton has remained vocal in his pre-race attire, with other drivers occasionally wearing change-demanding clothing.<ref>{{Cite web |date=1 April 2021 |title=Lewis Hamilton admits change of approach in fight against racism |url=https://www.theguardian.com/sport/2021/apr/01/lewis-hamilton-admits-change-of-approach-in-fight-against-racism |access-date=26 October 2024 |website=The Guardian |agency=PA Media |url-status=live |archive-url=https://web.archive.org/web/20250211101512/https://www.theguardian.com/sport/2021/apr/01/lewis-hamilton-admits-change-of-approach-in-fight-against-racism |archive-date=11 February 2025}}</ref>
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