Formula 1 is prepared to discuss opening the door to an 11th team, as long as they are 'credible'. F1
Stefano Domenicali: F1 open to talking to ‘credible’ new F1 teamFormula 1 CEO Stefano Domenicali has said F1 is willing to discuss a potential entry to the championship from a “credible new entry”.
The last new team to enter the sport was Haas in 2016, with the previous new entrants being the trio of backmarker teams Caterham, Virgin and HRT in 2010 . “With regard to the value or process related to the possibility of an F1 team to be [introduced] into the championship, of course that is the primary step both us and the FIA have to be in agreement for that,” Domenicali said in a recent investors’ call for Liberty Media.
“If so, of course, we will discuss it internally. We will see if it is any kind of real potential [for a new] new entry [to] give the benefit for the value of the championship. On top of it, there is a value that has to be recognised to the teams that are already in the championship, because of course they cannot allow any dilution of their financial partnership with the F1 Championship.
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