P1racenews AI automatic summary:
F1 chiefs will hold talks next week to discuss ways of bringing down fuel costs amid growing unease about a dramatic escalation in bills for 2026 that could top $12million per year for each team
Formula 1 officials will convene to address the rising fuel costs for teams, which are projected to exceed $12 million per year per team by 2026. Teams have expressed concerns over the financial impact of switching to fully sustainable fuel next year, with expected prices soaring to $170-$225 per litre, potentially even surpassing $300 per litre for some teams. Mercedes team principal Toto Wolff highlighted the unexpectedly high costs associated with green energy supply chains and specified ingredients. Discussions have intensified recently among teams, F1, and the FIA about reducing the escalating fuel expenses and ensuring financial sustainability for all parties involved. While the immediate cost increase for 2026 is inevitable, there are ongoing efforts to explore adjustments for future years to alleviate the financial burden on F1 teams.
