18 C
Monday, June 24, 2024

No cause to not broaden F1 grid if new groups pay “honest” payment

Must read

- Advertisement -

The FIA announced earlier this month that it was interesting for expressions of curiosity from potential new F1 groups, with a view to increasing the grid to 11 or 12 groups as early as 2025. 

Andretti International is presently essentially the most vocal occasion seeking to be part of the F1 grid sooner or later, securing a partnership with US automotive large Common Motors for its entry proposal. 

PLUS: The hockey expansion rule that could benefit Andretti’s F1 bid

However the response from the present groups and F1 itself about Andretti’s plans and probably increasing the grid has been lukewarm, amid issues of the impression on prize cash payouts and the steadiness of the present area.

Though any new workforce must pay a $200 million dilution payment that might be cut up between the present squads to make up for the drop in prize cash, there are issues this determine has been set too low below the Concorde Settlement.

- Advertisement -

The subject is ready to be mentioned in subsequent week’s F1 Fee assembly, with some events regarded as seeking to at the very least triple the determine below the subsequent Concorde Settlement.

McLaren Racing CEO Brown referred to as Common Motors an “unbelievable automotive producer” and famous Andretti’s historical past in motorsport.

Michael Andretti

Photograph by: Mark Sutton

He mentioned he can be joyful to see the grid broaden, as long as any newcomer could possibly be useful to F1 as a complete.

“Our basic view is that as long as a workforce is additive to the game, whether or not it’s an eleventh workforce and/or a twelfth workforce, and may also help make the pie greater, drive higher consciousness and all of us get extra sponsors, we get extra media offers, and so they pay what’s a good franchise payment, which all sports activities have, then I see no cause for them to not be part of,” Brown instructed Autosport.

“It’s in the end as much as the FIA and Method 1 to find out whether or not they tick all these packing containers of standards.

“However assuming they do, then very welcome to race in opposition to them.

Andretti International chief Michael Andretti hit out on the present groups for exhibiting “greed” of their response to his plans final month, a remark F1 CEO Stefano Domenicali just lately mentioned he thought was “not smart” to have made.

Learn Additionally:

Haas F1 boss Gunther Steiner mentioned final week he saw “no upside” and “simply threat” in presumably increasing the grid, noting the present stability of the collection. 

However Brown mentioned he was not shocked by the response, saying: “I’ve discovered some Method 1 groups are very short-sighted of their view on not taking a longer-range view of what are issues that may develop the game, and so they type of take into consideration the right here and now.

“Sadly, I’m not shocked a few of our rivals are fairly short-sighted of their considering.”

Source link

More articles

- Advertisement -

Latest article