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Formula E introduces cost-caps, China dropped from revised calendar

Mitch Evans of Jaguar Racing during the Formula E London E-Prix Round 12 on April 25, 2021 (by Jaguar Racing via Getty Images)

Electric car-racing series Formula E has detailed plans to introduce cost caps as part of landmark financial regulations, while the 2021-22 season calendar has been revised and ratified.

Formula E and the International Automobile Federation (FIA) announced the introduction of new financial regulations for the World Championship after they were approved by the World Motor Sport Council.

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