Monday, January 2, 2023 8:01 PM – Last update: 8:03 PM
FIA president Mohamed Ben Sulayem wants the FIA to start an “expression of interest” to see how many parties are interested in strengthening Formula 1 with a team in the future. Depending on the level of interest, the selection process can then begin here.
For years, the Formula 1 championship has featured ten teams in the drivers’ and constructors’ championships. The growth that the sport has experienced in recent years, particularly in the United States, means that more and more parties are interested in promoting Formula 1. This is exactly what the FIA president wants to find out with the FIA. How many parties are actually interested in promoting Formula 1? The Expression of Interest Process should provide more clarity. In any case, the FIA is clearly willing to expand the network.
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tweet
The text that Bin Sulayem posted on Twitter is as follows: “I have asked my FIA team to consider initiating an expression of interest procedure for potential new teams for the FIA F1 World Championship.” The question now is whether existing F1 teams are waiting for it, as adding a team like Andretti is already causing resistance. Teams are required to share income with other teams. The higher the number of teams, the less money the teams have left.
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