The FIA launched an entry process in February that is still open and is scheduled to produce an outcome in June after all bids have been examined.
At the moment, if accepted, a new entrant has to pay a $200m ‘anti-dilution fee’ that is shared between the 10 existing teams.
Officially that number is meant to reflect the potential losses each team will incur with an extra team taking a slice …Keep reading
At the moment, if accepted, a new entrant has to pay a $200m ‘anti-dilution fee’ that is shared between the 10 existing teams.
Officially that number is meant to reflect the potential losses each team will incur with an extra team taking a slice …Keep reading