Interest from teams in growth markets adds diversity and broadens F1's appeal." Promotion and relegation could make everybody happy, but with a catch "We should be encouraging prospective F1 entries from global manufacturers like GM and thoroughbred racers like Andretti and others. "The FIA has accepted the entries of smaller, successful organisations in recent years," he wrote. In a follow-up statement, Ben Sulayem referred to an "adverse reaction" to the idea of Andretti and Cadillac joining F1 and supported the idea of adding a dedicated US team to the sport. "We have 10 franchises that we hope can increase the value, and you are certainly not going to increase the value by issuing new franchises to people who cannot increase the overall value of Formula One." "Andretti is a great name, they have done exceptional things in the US, but this is sport, and this is business," Wolff said in August.
Among those against Andretti's bid was Mercedes boss Toto Wolff, one of the more powerful voices in the sport. "We all want to ensure the championship remains credible and stable and any new entrant request will be assessed on criteria to meet those objectives by all the relevant stakeholders," F1 wrote in a statement. "Any new entrant request requires the agreement of both F1 and the FIA."ĭuring the 2022 season, several F1 team principals expressed opposition to expansion, undoubtedly worried about dividing the revenue pie 11 ways without guaranteeing the pie would get bigger. The organization itself did not sound as enthusiastic about the announcements.
There is just one (huge) problem: Most F1 teams are opposed to expansion, and the FIA needs F1 approval to add any franchises. Account icon An icon in the shape of a person's head and shoulders.
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