F1 insist new teams 'not a priority'
F1 insist new teams 'not a priority'
F1 CEO Stefano Domenicali is adamant adding teams to the championship is not a priority despite concerns over a lack of seats for talent.
Andretti Global is known to have lodged a bid to join the grid from 2024, though has met strong resistance from the existing incumbents over issues relating to the dilation of value through prize handouts and revenue.
With young drivers struggling to break through into the highest echelon of single-seater racing with more established talent such as Daniel Ricciardo currently without a seat for next season, Sky Sports F1 put to Domenicali that more seats were needed.
"No, I don't think so," replied the former Ferrari team principal.
"That is the matter of a market. As always, we need to be balanced, you need to see all of the things that are around the table because having more drivers - at the end of the day, there is always a limit.
"If you add one or two, you may open up some driving seats that have to be built from the fundamentals.
"That is a part of the game but we need to also have the right dimension on what is a successful sport.
"In that respect, there is the evaluation of the sustainability of the team, not being too crowded. So I would say in terms of priority, that is not a need for Formula 1."
New teams a 'matter of balance'
Volkswagen Group brands Audi and Porsche are expected to join the grid in 2026 - the former confirming an engine supplier status last month - when new power unit regulations are introduced.
On whether there was a need for F1 to capitalise on the manufacturers' interest to attract new teams, Domenicali explained: "I think that this touches the point exactly - it is a matter of being balanced and having a vision of the future.
"Now Formula 1 is extremely competitive but you need to be very strong in terms of financials and in terms of competencies.
"This is one of the things that is crucial to make sure the stability of the system will be for a long time.
"You see how difficult it is today to find people at the top quality in all different businesses. I say that with a lot of respect of course.
"But I don't think today, that will be an element where we can say that one will fail.
"There will be a time where we need to invest for the future, but we need to be balanced. I am not saying this will not happen, I am saying we need to take it step by step."
Related
Change your timezone:
Latest News
F1 News Today: Vettel CONFIRMS stunning comeback as Red Bull boss issues Verstappen statement
- 32 minutes ago
F1 manager reveals Piastri 'balance' challenge
- 2 hours ago
EXCLUSIVE: Hamilton engineer reveals top drivers' key characteristic
- 3 hours ago
Red Bull now pressured into MISTAKES insists F1 rivals as title race heats up
- Today 11:57
F1 fan celebrates Verstappen failure with OUTRAGEOUS permanent change
- Today 10:57
Wolff opens up on WHY Mercedes are 'very bad'
- Today 09:55
F1 Race Calendar
-
GP BAHRAIN
29 Feb - 2 Mar
Max Verstappen
-
GP SAUDI ARABIA
7 - 9 Mar
Max Verstappen
-
GP AUSTRALIA
22 - 24 Mar
Carlos Sainz
- GP JAPAN 5 - 7 Apr
- GP CHINA 19 - 21 Apr
- GP USA 3 - 6 May
- GP ITALY 17 - 19 May
- GP MONACO 24 - 26 May
Related news
Who is Ayumu Iwasa? The Red Bull junior replacing Daniel Ricciardo at F1 Japanese GP
F1 Schedule: When is the next race and where it will be held?
Get to know Marcus Armstrong - Angela Cullen's new IndyCar star after Hamilton split
Channel 4 F1 highlights today: How to watch the dramatic 2024 Australian Grand Prix
F1 Standings
Drivers
- Oliver Bearman
- Charles Leclerc
- Carlos Sainz
- Lando Norris
- Oscar Piastri
- Pierre Gasly
- Esteban Ocon
- Sergio Pérez
- Max Verstappen
- Alexander Albon
- Logan Sargeant
- Lewis Hamilton
- George Russell
- Nico Hülkenberg
- Kevin Magnussen
- Fernando Alonso
- Lance Stroll
- Valtteri Bottas
- Zhou Guanyu
- Daniel Ricciardo
- Yuki Tsunoda
Races
- Gulf Air Grand Prix of Bahrain 2024
- Saudi Arabian Grand Prix 2024
- Grand Prix of Australia 2024
- MSC Cruises Grand Prix of Japan 2024
- Grand Prix of China 2024
- Miami Grand Prix 2024
- Gran Premio dell'Emilia Romagna 2024
- Grand Prix of Monaco 2024
- Grand Prix du Canada 2024
- Gran Premio de España 2024
- Grand Prix of Austria 2024
- Grand Prix of Great Britain 2024
- Grand Prix of Hungary 2024
- Grand Prix of Belgium 2024
- Heineken Dutch Grand Prix 2024
- Grand Prix of Italy 2024
- Grand Prix of Azerbaijan 2024
- Grand Prix of Singapore 2024
- Grand Prix of the United States 2024
- Gran Premio de la Ciudad de Mexico 2024
- Grande Prêmio de São Paulo 2024
- Heineken Silver Las Vegas Grand Prix 2024
- Qatar Grand Prix 2024
- Grand Prix of Abu Dhabi 2024
About GPFans
GPFans is a multi-platform, multi-language brand dedicated to Formula One coverage. We bring you all the ins and outs of the sport, 24/7, everything from up-to-the-minute news and features to the latest viral stories and clips.We believe that a new generation of exciting, outspoken drivers will make F1 more popular than ever before, and we want to give our users access to as much of their heroes as possible, on and off the track. From Lewis Hamilton to Max Verstappen, Daniel Ricciardo to Sebastian Vettel, we provide in-depth analysis of every every Grand Prix in the season, from Australia to Abu Dhabi.
With Formula One under the new ownership of Liberty Media, how the sport is being covered is evolving, and GPFans will look to be at the heart of this progression into new media, as one of the fastest-growing sites covering the king of motorsports.
Follow us on your favorite social media channel
Corporate & Media
Innovatieweg 20C7007 CD, Doetinchem, Netherlands
+31645516860