FIA explain how they spend money from F1 driver fines
Max Vers𓆏tappen was among the F1 drivers to be hit in the pocket

The FIA hav📖e clarified how they spend the mon🅘ey accrued from fining the F1 drivers.
A total of 270,000 Euros was taken out of the pockets of the drivers by the sport’s governing body last season fo💟r a series of punishments.
Drivers were fined for transgressions including pitlane speeding, crossing a live track, and🐽 most controversially using foul language.
Charles Leclerc and🍸 Max Verstappen were notably fined for swearing in official press conferences.
But the FIA have moved 🅘to explain what they do with♑ the money.
FIA explain how money from fines is spent
"The FIA is not a profit-making organisa🐈tion," Nikolas Tombazis, the organisation’s head of single-seater racing, told .
"We don't have sh✨areholders who are looking at some numbers in the stock ex💙change and hoping for share price to go up or get more dividends or anything like that.
“So all the money is spent on💧 what is considered to be beneficial aspects, whether it💃 is for safety, for grassroots in motorsport, or sometimes other projects which are to do with road safety.
"I think this quest🌸ion is sometimes slightly influenced by the emotio🍌ns of the moment, of whatever fine is being discussed and so on.
“I realise that anyone who is paying a 🍸fine is always slightly annoyed about it and may feel somewhat aggrieved, but for sure there are so many different levels of projects that I think you can never come to the conclusion that this money is somehow spent for Christmas parties and so on.
"The amount of money spent in gra🎃ssroots vastly exceeds the fines accumulated, which I think indicates t෴hat anything that goes in there will have a positive impact.
“I think you would꧒ struggle to find projects at the FIA that don't have some motorsport grassroots or social impact.
"What I can say with absolute certainty is that fines of drivers in one𝓀 sport don't subsidise another sport or another category or something like that.
“But if you look at other initiatives, whether it is our campaigns, like the one 🎃about online abuse and all the grassroots we've been talking about before, or safety projects, I believe are noble ways of spending such money. And this money does contribute to that."

James was a sports journalist at Sky Sports for a decade covering ev🐼erything from American sports, to footballꦜ, to F1.