Formula E imposes landmark cost cap ahead of 2022-23 season

Greater financial regulation has been a top priority for championship chief executive officer Jamie Reigle during his tenure as the series works to stabilise following the departures of Mercedes, Audi and BMW.
The new rules will come into force on 1 October 2022 to cover the forthcoming Gen3 era, although manufacturers have commenced their development into the new 470bhp powertrain rules …Keep reading