Governing body of Formula 1 approves controversial changes in statutes
The HinduFormula One’s governing body approved statute changes on Friday that critics say will limit the powers of audit and ethics committees. Motorsport UK head David Richards has voiced concern about a move that hands FIA president Mohammed Ben Sulayem and senate president Carmelo Sanz de Barros oversight of any ethics complaints. The head of Austria’s motorsport federation Oliver Schmerold also told the BBC that the changes would reduce accountability at the FIA and were “not good governance”. “The forecast operating result would be the best of the last seven years and the first positive one since 2018.” Ben Sulayem said the turnaround was the result of reform “in the areas of governance and finance” and put the organisation on a more sustainable financial footing.
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