Even with its Cadillac and GM tie-up, F1 and its teams are still not impressed by Andretti’s entry plans. NobleF1 explains all the underlying issues at the heart of the F1's cool reception F1
has done at Sauber in recent years, or when TAG-Heuer badged the Renault engines in the past.
In fact, the team’s plans effectively boil down to a simple financial equation: does Andretti’s presence on the grid as an 11th entry bring an added value for the other 10 teams beyond what they lose from sharing their commercial rights income with someone else? But a lot has changed since the dilution fund was first agreed, with both the commercial rights income and the health of the sport reaching new heights.
With the franchise value of F1 teams believed to be approaching $1 billion, it is a dilution figure around the $500-600 million level – rather than $200 million – that teams feel is the ballpark level of compensation right now.
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