Red Bull Celebrates Impressive Maiden Performance from Isack Hadjar Despite Australian GP Retirement

A PU Manufacturer intending to supply PUs for the first time in year N, will be considered to be a "New PU Manufacturer" if it (or any related party): a. has not homologated a PU at least once in the period 2014-2021; and b. has not received any significant recent Intellectual Property from a PU Manufacturer who is not a New PU Manufacturer, subject to the conditions outlined in Article 5.2 of this Appendix. (together, for this Article 5 only, the "Necessary Conditions") The "New PU Manufacturer" status will be granted by the FIA, at its absolute discretion, for the complete calendar years from N-3 to N+1. In order to be granted the "New PU Manufacturer" status, the PU Manufacturer in question must, upon the request of the FIA, provide the FIA with all of the detailed information or documents requested by the FIA describing the commercial background and details of the PU Manufacturer's business, the Intellectual Property owned by the PU Manufacturer and the technical relationship between the PU Manufacturer and any other related entity or persons (the "Requested Documentation"). PU Manufacturers granted a "New PU Manufacturer" status are given additional rights or exemptions in certain provisions of the Technical, Sporting and Financial Regulations. In order to assess whether the Necessary Conditions have been satisfied by a PU Manufacturer, the FIA will assess the Requested Documentation provided by the PU Manufacturer with regard to three factors: a. Infrastructure: the necessity for the PU Manufacturer to build facilities, invest significantly in assets, and hire personnel with prior Formula 1 experience; b. ICE status: the prior experience of the PU Manufacturer in Formula 1 Internal Combustion Engines, and potential possession of significant recent Intellectual Property; and c. ERS status: the prior experience of the PU Manufacturer in Formula 1 ERS systems, and potential possession of significant recent Intellectual Property.