Season reset
From F1TimeWiki
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At the end of a season, several things will happen. To facilitate this all the offices will close as the adjustments are being made for the season reset. For the most part, you should treat the end of the season as any other break between races. Your sponsor negotiations will not advance and you should order parts before the last race for the first race of the next season. When your office does reopen for the new season you will however notice some changes have occurred.
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Taxes
Before you are given any season end bonuses you will be taxed on your current holdings. The tax brackets are as follow:
- under 20M not taxable,
- 10% on 20-40M,
- 20% on 40-60M,
- 30% on 60-80M,
- 40% on 80-100M, and
- 50% on over 100M.
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You end the season with $150M in your bank account and pay $45M in taxes at the end of the season. This is derived from:
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Winnings
After you are taxed you will receive your earnings for the season based on your results. Season end winnings include Championship bonus, Cup bonus, and Team bonus.
Financial assistance
If you finish the season with a negative balance, after you have been awarded all your winnings, you may qualify for F1T.I.A financial assistance of up to $10 million. You will only receive the assistance if you are below -$5 million.
The amount paid is half the amount you are below -$5 million, up to a maximum of $10 million.
- If you have -$15M, you will get $5M help.
- If you have -6$M, you would get $0.5M
- If you are at -$25M or less, you will get $10M which is the maximum amount.
This amount does not have to be returned and can be received every season if needed.
Promotion and relegation
Once the new season restarts the most obvious thing is, of course, that some managers will be promoted to a higher class, while others relegate to a lower class.
In each group the top 4 managers will promote (except Class 1) and all managers 23rd or lower in the standings, the bottom 8, will demote. The remaining managers will stay in the same group for next season. Managers in Class 6 who finish lower than 4th may still promote if there is room available in Class 5.
Vacancies left by players leaving the game who finished in the top 22 positions will remain empty for Classes 1, 2, 3, and 4. This is to avoid managers unexpectedly promoting to a higher class.
Suppliers
Each season you will need to sign new suppliers. Upgrades to suppliers from previous seasons are not carried forward.
Design losses
Each season reset you will lose 10-15% (above 40) of your design efficiency on each part of the car. Additionally, the weight, cost, and space for each part will change, moving closer to the base level of the part. The amount of design loss depends on your class.
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Your front wing has a 76% efficiency at the end of the season. At reset it will lose (76-40)*10% for a loss of 3.6% efficiency. |
Factory size
Your factory size will depreciate each year by 10% of any space above 100. This simulates the costs of upkeep and inflation on your organization.
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Your factory is 158 spaces at the end of the season. At reset it will lose (158-100)*10% for a loss of 5.8 spaces. |
Drivers and ageing
Each season your key staff, driver, designer, and commerce director, will all age one year. In addition to ageing your driver may lose or gain in some of their skills depending on their age. Young drivers will lose less driver skills, and may even gain some, where as older drivers will naturally lose more skills during the off season as retirement looms ever closer.
Teams
Teams are formed on a season to season basis. At the start of each season you will need to renew your old team, join another manager's team, create a new team, or simply not join any team. Teams do not promote or relegate together.
Rule changes
Changes to the game rules often come into effect at the beginning of the season, though not always. The GameMasters will do everything they can to provide as much forewarning about major changes to the game, but it is not always possible in the cases where a change must be made immediately.
Retirement
| At the beginning of each season there will be an option on your Info Centre page to retire your office. If you choose this option your account will be made inactive and you will be retired. Once you have retired you may reactivate your account and begin again fresh in Class 4. Do not reapply for a new account. | 
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If you retire and start again you will lose everything you currently have (other than your statistics history) and start completely anew. |
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