There is a $200 million anti-dilution fee for any new entrant, but those opposed claim expansion still cuts into their profits and they’ve invested too much to share the pot. The teams, who have no vote on expansion, contend that adding two more cars from an Andretti team means less windfall during the F1 season. Liberty and Domenicali have consistently sided with the majority of the existing 10 teams, which vehemently oppose expanding the 20-car grid, citing a potential loss in revenue. The only public comment made by F1 and Liberty was a terse statement that promised nothing: “We note the FIA’s conclusions in relation to the first and second phases of their process and will now conduct our own assessment of the merits of the remaining application,” F1 said last month.
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