News Details
Wolff: Something special to have an entry into Formula 1
Formula 1's 10 teams now have a clear franchise value after a rule change that means any new entrant will have to pay $200-million to join the grid, according to Mercedes F1 boss Toto Wolff. The money would be shared equally between the existing teams as compensation for the dilution of their share of the sport's revenues. 'I think it´s very important because it sets a floor for team valuation,' Wolff, a shareholder in the Mercedes team, told reporters ahead of Sunday's Tuscan Grand Prix at Italy's Mugello circuit. 'I think such a franchise value is completely normal. It should be limited to 10 teams. It is something special, to have an entry into Formula 1 and that is valid for most of...
Full Story »
Full Story »
4y ago from GrandPrix247.com
0
You May Also Be Interested In...
Haas And Racing Point Settle Prize Money Dispute
The Haas F1 team and Racing Point have finally settled their dispute...
4y ago from Formula1News.co.uk
New F1 teams required to pay $200m to rivals before...
Teams looking to join the Formula 1 grid will have to pay $200 million to...
4y ago from GrandPrix247.com
Formula 1 sets $200M entry fee for new teams!
Any new Formula 1 team wishing to join the grid in the future will be...
4y ago from F1i.com
Vettel: 'Hopefully we can give the Tifosi something to...
For Ferrari the weekend in Mugello will be a very special weekend. The...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP announces free 24/7 streaming service across...
MotoGP has announced a partnership with C15 studios to produce a free...
13h ago from MotorsportWeek.c...
Why LCR Honda won’t field injury replacement for...
No description available...
14h ago from Motorsport.com
MotoGP to stream free in US on new dedicated 24/7...
No description available...
1d ago from Motorsport.com
Kuala Lumpur emerges as favourite to host 2026 MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from IndyCar’s Portland 2025...
No description available...
2d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
2d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
3d ago from MotorsportWeek.c...
Alex Palou clinches title, becomes IndyCar’s newest...
Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...
3d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How drones will change the way you watch motorsport
No description available...
12h ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
More depth, fewer excuses: Arsenal have nowhere to...
Mikel Arteta was asked this summer what his long-term plans for Arsenal...
5h ago from SkySports.com
Ex-Arsenal man explains why 'gifted player' would be...
Former Arsenal star Theo Walcott has explained why he thinks Eberechi Eze...
13h ago from CaughtOffside.com
'I just feel that the grass isn’t always greener' -...
Former Arsenal forward Theo Walcott has advised Eberechi Eze against a...
12h ago from SportsKeeda.com
'Worst season' – Arsenal star surely leaving as...
Arsenal left-back Oleksandr Zinchenko has claimed that last season was the...
14h ago from CaughtOffside.com
Comments
Hottest News
Daniel Ricciardo gives REAL verdict over former team-mate...
Former F1 star Daniel Ricciardo has opened up on... Read More »
7h ago from GPFans.com
F1 fans go wild as Ferrari star wears KILT for the first...
F1 star Charles Leclerc has been dubbed 'Bonnie... Read More »
6h ago from GPFans.com
Christian Horner backed for new F1 role with 'only thing...
Christian Horner sits as one of the sport's most... Read More »
17h ago from RacingNews365.com
