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 »
5y 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...
5y 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...
5y 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...
5y 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...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez buries 10-year clash with Valentino...
No description available...
2h ago from Motorsport.com
Why Fabio Quartararo feels he needs to...
Fabio Quartararo is using the MotoGP winter break to recharge and...
3h ago from MotorsportWeek.c...
Fabio Quartararo rates his 2025 MotoGP campaign 5/10
No description available...
1d ago from Motorsport.com
MotoGP exploring options to return to China after...
MotoGP series promoter Dorna is reportedly considering a return to China...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
21h ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
1d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Mick Schumacher joins RLL in IndyCar switch
Rahal Letterman Lanigan Racing has announced that Mick Schumacher will...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai upgrading Rally2 car to “cover all bases”...
No description available...
58m ago from Motorsport.com
Why WRC drivers thought Rally Saudi Arabia was too...
No description available...
2d ago from Motorsport.com
Sebastien Ogier on matching Sebastien Loeb’s record...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Club 'informed' as Arsenal have concrete interest in...
Arsenal reportedly have a concrete interest in the potential signing of...
2h ago from CaughtOffside.com
Sources: Tottenham, Newcastle & Aston Villa...
Tottenham, Newcastle United and Aston Villa are all understood to be very...
7h ago from CaughtOffside.com
Surprise Manchester City stat will have Arsenal fans...
A surprise stat has emerged showing that Manchester City's new goalkeeper...
8h ago from CaughtOffside.com
Mikel Arteta names Arsenal star who is taking club to...
Arsenal manager Mikel Arteta has hailed David Raya, saying that the...
9h ago from SportsKeeda.com
Comments
Hottest News
Former F1 champion claims McLaren team order could cost...
Former F1 champion Jacques Villeneuve has... Read More »
1h ago from GPFans.com
Cadillac reveals ‘bold' launch plan for debut F1...
Cadillac has revealed that it will showcase the... Read More »
2h ago from MotorsportWeek.com
F1 team boss shows no hesitation in Max Verstappen title...
An F1 team boss has thrown a strong and bold... Read More »
2h ago from GPFans.com
