F1's CEO doesn't want more teams.
Formula 1 has ten teams, each running two cars. The 20 car grid has been the same for the past few seasons, but with F1's increasing popularity in the US and elsewhere, there are now a number of new entities that want to enter teams. While the FIA and Formula 1 have taken applications from a number of them in a process that has just come to an end, F1's CEO, Stefano Domenicali,"If you have a good show, 20 cars are more than enough," Domenicali said.
Thing is, there isn't a ton of on-track competition right now, especially at the front. F1's races so far this season have mostly been boring processions with a Red Bull winning every one. But Domenicali insists he doesn't want to shut the door to a new team entering. “I would say let’s wait and see. My ‘no’ is not against someone who wants to come in — I need to clarify that because otherwise it seems that I want to be protectionist. That is not the case. I want to see the right one and I need to also respect the ones that have invested in Formula 1 in the last period, because we forget too quickly in that respect."
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