Daniel Ricciardo has been given a three-place grid penalty for the next race in Spain after reversing in to Daniil Kvyat in the Azerbaijan Grand Prix.

Late in the race Ricciardo had attempted to pass Kvyat for 10th place under braking for Turn 3, but misjudged the move and slid down the escape road.

In doing so, that forced Kvyat wide and the Toro Rosso driver also ended up in the run-off area, sitting right behind the Renault.

In Ricciardo's haste to get going, and unaware his rival was behind him, he instantly reversed and then hit Kvyat's car, damaging the Russian's floor.

The FIA ruled that Ricciardo was guilty of causing a collision and handed him a three-place grid penalty for the Spanish Grand Prix, as well as having two penalty points added to his licence.

Ricciardo apologised to Kvyat after the race for what happened, as he explained that he had reversed without looking in a 'panic' to get back on track.

"I obviously don't feel good about what happened," Ricciardo told Sky. "At the time it was looking quite good for us. We were starting to pick up the pace and obviously closing in on Daniil.

"I saw a gap and thought I would have a go. It is always tight into Turn 3, and initially I thought I had the commitment and would pull it off. Then I felt it was starting to lock and I missed the corner.

"At that point as soon as I went down the escape road, it was just I guess a sense of urgency and a bit of panic if you will – and try to minimise damage and lose as little time as possible.

"I found reverse and started going and to be honest I had no idea he was there. I guess the urgency stopped me from looking."

The FIA has initiated tenders for standard brake systems and wheel rims for Formula 1 from 2021, when the sport ushers in its new regulation platform.

In a bid to reduce costs and simplify to a certain extent F1 technology, commercial rights owner Liberty Media and the FIA, along with the teams, have opted to introduce standardized parts into Grand Prix racing.

A tender was opened earlier this year to invite potential suppliers of gearboxes to participate in the procurement process.

And now F1's governing body is offering contracts for two additional components that will cover the 2021 to 2024 period.

Regarding a standardized brake system, the tender is divided into two elements - brake pads and frictions disc on one side and a brake hydraulic system on the other.

"The aim of single source supply is to retain current levels of braking performance at a much-reduced cost, while also removing the requirement for competitors to design or source their own brake hydraulics," said the FIA

"The components can be carried over between seasons, thus removing the need for costly continual performance development."

The FIA emphasized that the brake hydraulic system would "consist of front and rear brake calipers, a master cylinder and a brake-by-wire system."

Teams however would be allowed to design their own specific brake lines, hoses and reservoirs for the system.

The second tender involves 18-inch wheel rims, with the FIA specifying that there will be scope for the wheel width to change slightly for 2021, with potential suppliers expected to deliver 60 sets of wheel rims over the course of the season.

The submission date for both tenders is May 22, with the FIA awarding its contracts on June 14.

Azerbaijan GP promoter Arif Rahimov says the Williams Formula 1 team will be compensated for damage to George Russell's chassis.

Russell's car was destroyed in Friday practice when he ran over a loose manhole cover on the high-speed street circuit.

Claire Williams said the British team would talk to the FIA about compensation.

"As a street track, there are more than 300 of these covers, and we checked all of them several days before the weekend," race promoter Rahimov was quoted by Ria Novosti news agency.

Rahimov said the manhole that came loose was rusted from underneath and therefore was "impossible to notice visually."

"These things happen, as they did also in Monaco and China and Malaysia, so it even happens on normal circuits," he said. "We have apologized several times to the Williams team. The damage will be reimbursed by insurance. We don't yet know what amount we are talking about, but it will definitely be covered."

Despite a long drawn out negotiation process with Liberty Media, the future of the Italian Grand Prix at Monza has virtually been secured says ACI president Angelo Sticchi Damiani.

An agreement in principle covering the next five years was recently reached between the Automobile Club of Italia and F1's commercial rights holder, although the contract itself will only be signed in the coming months.

Sticchi Damiani admitted that talks with Liberty almost broke down several times as each party held its ground and protected its financial interests.

"We started with a very demanding contract, signed in 2016 when we were in a position of weakness, with Bernie Ecclestone expecting to leave F1 and wanting to increase the value of his business," explained Sticchi Damiani, quoted by La Gazzetta dello Sport.

"The sport's new owners then tried to defend a deal born in another time and place but no longer sustainable, even for other European organizers."

In his talks with Liberty, Sticchi Damiani underlined Monza's historical significance for F1, a value matched only by Silverstone and Monaco.

"It was difficult, they were determined and they mentioned a long list of venues waiting to join F1, talks almost broke down two or three times," added the Italian.

"The financial agreement is confidential but compared to their initial demands, we saved a lot of money.

"They wanted more than €24 million but we closed the deal for a lower figure for five years. It's a very good contract and I thank them because they realized the importance of Monza."

With a few fine points still to be worked out between the two parties, the final agreement should be signed and sealed over the summer.

"The contract will take about a month to close, it's complicated, with additions and many aspects to work out," said the ACI president.

"But I hope it will all be done by the summer holidays and by the end of July."

Williams' George Russell believes the updates implemented on the team's FW42 in Spain will offer the beleaguered outfit a clear indication of its prospects for the remainder of the year.

Undermined by production delays, a late rollout and design issues, Williams' 2019 contender has forced Russell and team mate Robert Kubica to helplessly make up the rear since the start of the season.

Formula 1's return to Europe typically marks the beginning of the upgrade cycle for most teams, but Williams' updates will prove particularly important according to Russell.

"From the moment we put this car down in Barcelona [for pre-season testing] we knew we’d be having this car for the next four races or so," explained the Williams rookie.

"We’ve got a few little updates coming for Barcelona and I think that will give us a good indication of how the rest of the season will pan out.

"[There will be] a number of different things, varying from aerodynamics to brakes and so on.

"Like I said it’s not a full update but it will give us a clear direction of where we need to focus. And based on those results it will help us understand if we’ve got any hope for the remainder of the season or not."

While hope isn't a strategy, Russell has faith in his team's ability to pull itself out of its depressed slump.

"I have confidence that we are going to make progress," the young Brit toldAutosport.

"The team is working extremely hard and we have some quite exciting things in the pipeline.

"How close that will bring us to the rest of the pack I don’t know but these [difficult] weekends are making us stronger.

"I do believe at some point we’ll be able to turn it around."

Haas and Alfa Romeo will not use Ferrari's upgraded Formula 1 engine at this weekend's Spanish Grand Prix.

Aston Martin Red Bull Racing and Scuderia Toro Rosso have unveiled their brand new Energy Station, a home away from home set to act as a joint base at the upcoming Spanish GP, as well as eight other European races this season.

According to Red Bull, it takes a full 32 hours to erect the structure, with a contingent of 25 workers, who can then dismantle it even quicker when it’s time to pack up and leave.

Built using sustainably sourced Austrian timber, the structure covers 1,221 m2, is 32 meters (104.9 ft) long, 14 meters (45.9 ft) wide and stands 11 meters (36 ft) tall. It’s also energy efficient, with its natural convection design intended to eliminate the need for air conditioning.

Inside, there are no fewer than 59 TV screens, 32 km (19.8 miles) of cables and 211 m2 of artificial grass carpeting, while the kitchen will produce 100 kg (220 lbs) of pasta, 120 kg (264.5 lbs) of fish and 180 kg (396 lbs) of meat per race weekend.

“We’re changing the game again with the unveiling of the new Energy Station, better known in Austria as the Holzhaus. It’s a sustainable structure that brings a touch of the Styrian Alps to the F1 paddock, having been designed to meet the current and future needs of ourselves and Toro Rosso. If it sees half as much drama as the old Energy Station, it will be doing well!” – said Red Bull team principal Christian Horner.

Following the Spanish Grand Prix, the new Energy Station will be deconstructed and transported to Monaco, where it will be rebuilt on a floating barge.