F1 had agreed in principle with the teams to double the number of sprint events to six in 2022, but a stand-off developed over the financial terms. F1 has now proposed to hold only three sprint weekends on similar commercial terms to last year’s inaugural events. F1 has shown the teams data that proves the sprint events increased both audience figures and income. Last December, F1 made an offer that valued each sprint event at a payment of an extra $100,000 per team. There has been no firm decision on where the three sprint events will happen, if an agreement can be reached.

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