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Competitive F1 grid more important than new teams

Competitive F1 grid more important than new teams

Amid the huge interest caused by the proposal of Michael Andretti to launch an F1 team for 2024, there has been divided opinion in the paddock about whether or not that would be a positive thing.

Some squads think the presence of a major name like Andretti would drive up the value of F1 – so all teams would end up benefiting.

However, others are more sceptical about there being much added value and are instead concerned about the downside of commercial right income being diluted among more teams.

Domenicali is not against new teams coming in to F1 in the future, but says it is not a priority for him to fill up all the possible slots.

“We have received many requests,” said Domenicali. “How many? More than one and… less than eight!

“There are those who have not hidden their intentions, even in public, and there are those who are carrying out very confidential negotiations.

“Personally, I do not believe that the number of teams in Formula 1 today is a limiting factor…

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