Write For Us

Why any new F1 team has to pay $200million to the current grid to enter

E-Commerce Solutions SEO Solutions Marketing Solutions
107 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Under the terms of F1's new Concorde Agreement, any new team wanting to enter F1 now has to pay $200million which will then be shared evenly amongst the 10 existing entries. In this video Scott Mitchell explains the thinking behind the move, and how it is designed to prevent 'chancers' trying to join F1, as well as offering more protection to the current teams in a US sports-style franchise model.

READ MORE HERE
https://the-race.com/formula-1/new-f1-squads-must-now-pay-existing-teams-200m-to-enter/

Subscribe: http://the-race.com/youtube_subscribe
Website: http://the-race.com/
Twitter: http://twitter.com/WeAreTheRace
Instagram: http://instagram.com/WeAreTheRace
Facebook: http://facebook.com/WeAreTheRace
Podcasts: http://the-race.com/podcasts

Thanks for watching - please like, share and comment, please also hit subscribe to show your support so we'll keep doing what we're doing.

#Formula1

https://www.the-race.com
http://www.twitter.com/wearetherace
Category
Formula 1
Sign in or sign up to post comments.
Be the first to comment