The FIA has granted the US team's wish to enter Formula One alongside General Motors and Cadillac, but the decision now rests with the Formula One Management (FOM). The current 10 teams' feedback is considered irrelevant, as the FIA has the right on the sporting side. However, concerns have been raised about how the revenue would be split and the potential dilution of existing teams' share. Despite this, it is hoped that FOM will not refuse the opportunity, as it would be beneficial for business and the sustainability of motorsport.
The US team’s wish to enter the series alongside General Motors and Cadillac has been granted by the FIA but now rests in the hands of the Formula One Management , which includes the current 10 teams.“Why do Michael Andretti and need the teams’ support? I don’t understand.Asked if feedback from the current 10 F1 teams is therefore “irrelevant”, Ben Sulayem replied: “To this, yes.
“In the sport, they are an element, and everybody has the right to express their feeling toward it, but how can you refuse GM?“The FIA has the right on the sporting side; FOM has the money side, but will FOM refuse? “We are talking about the biggest manufacturer in the United States working with one of the biggest companies, Liberty Media, and if they don’t see it…The current Concorde Agreement has a provision to allow up to 12 teams onto the grid.
A major talking point regarding Andretti’s wish to join is how the revenue would be split. Existing teams have voiced concerns that their share would be diluted by the addition of an extra team.Formula E paddock evacuated as a fire breaks out during test day“But the licence belongs to the FIA, so they would be running, but without getting any money, and I don’t think that would happen.“I just hope they don’t say no because it is so good for business, so good to sustain motorsport.
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