FIA president Mohammed Ben Sulayem says he would like to see work teams from the USA and China join the Formula 1 grid.
The FIA is keen to expand the current paddock beyond the 10 teams that have existed since the 2017 season.
However, there is reluctance from the F1 teams amid fears over what an additional outfit would mean for the end-of-year revenue shares.
F1’s market is currently spreading wide in the USA, with three races scheduled to take place this year – Miami was held in May, while trips to Austin and Las Vegas are scheduled later this season.
China, meanwhile, boasts one of the world’s strongest economies alongside the US, and Ben Sulayem is keen to tap into the potential.
“My dream is a full United States of America team from an OEM and I would like to also see an OEM from China,” Ben Sulayem told Motorsport-total.com.
“Everybody is allowed to have a dream. But it is also achievable.
“You have 1.4 billion people in China, and over 50 per cent of your vehicles on the road, electric vehicles, are Chinese. That’s facts. It is a big market.”
F1 is advancing towards introducing more electrical power in 2026, as well as the use of fully sustainable fuels – something that he hopes with generate greater Chinese interest in F1.
“The Chinese are serious when it comes to EV and hybrid,” he said. “And I tell you something: the PU last year was the right thing to do.
“If we didn’t do it, do you really think Audi would have come and joined? That happened only after the PU was approved and all the teams signed it.
“We did it for the good of the sport. And it opened the door. Honda came, Ford joined, Porsche are deciding. I would say it is still warm with Porsche and Formula 1. All that happened for a good reason.”
F1 also has a race in Shanghai, China, however the event has not been held since 2019 due to the Covid-19 pandemic.
The grand prix is scheduled to return next year.