As Formula 1 (F1) lovers and passionate followers know, new regulations and cars will be introduced in 2026. When F1 cars first hit the track in 2026, synthetic sustainable vehicles are part of the sport's carbon-neutral target by 2030.
READING NOW What do Formula 1 and sustainable fuels have to do with it?
Formula 1 has announced an ambitious sustainability plan to have a net zero carbon footprint by 2030. This initiative will cover Formula 1 cars, track activities and all of its remaining operations as a sport. The sport’s total carbon emissions in 2018 were 256,551 tonnes, excluding supporters’ transportation to the races. In 2019, the 2030 sustainability strategy was laid out as a result of working with the FIA, F1 management, sustainability experts, F1 teams, organizers and partners. Under this plan, F1 will systematically reduce CO2 emissions from operations, events, logistics and race cars to “zero” by 2030.
The goal is to switch to sustainable fuels in all cars.
Such an effort by F1 has also been adopted by other oil companies, according to Pat Symonds. Aramco, Porsche, Siemens and ExxonMobil are already working on sustainable synthetic fuel. The goal is to use these fuels in all cars.
Porsche is building a synthetic fuel plant in Punta Arenas, Chile, where production is planned for 14.5 million gallons (55 million L) by 2024 and 145 million gallons (550 million L) by 2026. The cost per gallon is $7.6 ($2 per L). Similarly, Aramco is building two sustainable fuel plants; one in the Kingdom of Saudi Arabia and the other in Bilbao, Spain.
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