'What we have to do is the process, and the due diligence of the financial side and the technical side.” 🗣️ Despite unease from within F1, FIA president Mohammed Ben Sulayem has defended his decision to open up a tender process for new teams ⬇️
Earlier this year, motorsport’s governing body invited potential new teams to express their interest in joining the F1 grid from as early as 2025.
But Ben Sulayem is unmoved by the doubts about the new team entries, and thinks he and the FIA have done the right thing in trying to get more cars on the grid. “Is it adding a team or do they have to buy an existing team? That's not for me to impose on big teams. But what we have to do is the process, and the due diligence of the financial side and the technical side.”Photo by: Alexander Trienitz /
“We just have to wait now for the next six weeks to see what is the plan. I have no doubt that FOM will do the right decision. They know what's better.” Critical to the approval of a new team is the level of the anti-dilution fee that should be paid to other teams to compensate them for a potential loss of commercial rights income.this figure will be raisedShould one of the interested new F1 teams get rejected at this late stage, then that could open the door to potential legal action – something that Ben Sulayem admits is possible.“It's not about me. I am only implementing the rules.
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