F1 team owners refusing buy-in offers of 'almost billions' - The Race
The value of a F1 entry has increased so much that some teams are refusing offers of "almost billions", according to CEO Stefano Domenicali.
https://the-race.com/formula-1/f1-team-owners-refusing-buy-in-offers-of-almost-billions/Open linkView original on kbin.social
At some point F1 just has to take a hard stance and state the teams don't have the final say in this matter. Sure they might threaten to split off into their own league again, we have seen that before. This kind of power by the teams is not healthy.
I'd like to see more teams on grid, but it doesn't look like it'll happen anytime soon.. they keep moving the goalposts on entry prices
I actually rate the Andretti bid quite highly - backed by Cadillac and with good pedigree. It might not be liked by the current teams but I don't think they need to unless I'm mistaken?
Bloody nonsense situation.