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Motorsport Week
Home Single Seater Formula 1

‘Strong majority’ of F1 teams against expanding grid

by Fergal Walsh
3 years ago
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‘Strong majority’ of F1 teams against expanding grid
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Andretti Global is facing strong opposition with its plans to expand the grid beyond 10 teams in the coming years.

Last week, Andretti announced that it had formed an alliance with General Motors as it seeks to form its own F1 squad.

The deal would see Cadillac join the grid with Andretti, while it is also keen to field an American driver if its bid is successful.

However, Reuters reports that a senior team figure told it that there is a “strong majority” of teams that are against adding an 11th outfit to the field over fears of diluting the end-of-year revenues.

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The report also claimed that General Motors’ involvement was more of a “badging exercise” rather than a manufacturer commitment.

All new teams must pay existing squads a $200 million “anti-dilution fee” to enter under terms set by the current Concorde Agreement.

However, the same figure that spoke out against expanding the grid says that the $200m fee is too little based on current valuation. 

Earlier this year, Mercedes team boss Toto Wolff publicly questioned Andretti’s F1 adventure.

“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 1,” Wolff warned.

F1 responded to the news that Andretti and General Motors had joined forces, offering a lukewarm message and highlighting that all new entries must be agreed upon by both the F1 and the FIA.

But the FIA is seemingly open to taking on new teams, with FIA president Mohammed Ben Sulayem releasing a statement on Sunday in which he admitted surprise over the adverse reaction to Andretti’s news.

The FIA is looking into the expressions of interest process for new entries – however that process is set to take several months.

Tags: AndrettiCadillacF1
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Comments 2

  1. Pee Wee says:
    2 years ago

    As a significant shareholder in Team MB (formerly known as Tyrrell Racing Organisation Ltd), I am sure that Toto Wolff has a very strong interest in keeping the value of the team as high as possible. Could this be why he doesn’t want more teams in the Championship?

    Reply
  2. Glosole says:
    2 years ago

    Who cares what the teams think anyway the fans are all that matters as they pay the bills and lets face it 20 cars is a bit of a joke really when you are a young driver trying to make your mark .
    The teams clearly have too much power its called motor sport we should make it a sport not a closed shop entertainment where the team managers are clearly are out of touch with race fans in their myopic bubble .
    The 200 million fee just shows how corrupt the whole thing is as they should be paying Andretti and who ever else wants to join this elite money laundering operation and nudge unit for the WEF and WHO thinly dressed up as a motor sport ?

    Reply

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