F1 still at odds with FIA over 11th team talks

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The FIA and F1 are currently in disagreement over the addition of an 11th team to the sport. According to Ben Sulayem, the FIA has the responsibility to open up an entry process, as the Concorde Agreement permits up to 12 teams. He believes he followed the rules in doing so. However, F1 CEO Stefano Domenicali, supported by other team principals and Liberty Media CEO Greg Maffei, insists that any new team must bring value to the sport.

Greg Maffei explained that while there is a process for adding more teams, the standards are high, and it remains uncertain what value an 11th team would bring. Productive discussions have been ongoing between the FIA and the involved parties, but complete agreement has not been reached yet.

Stefano Domenicali remains optimistic that a resolution will be achieved with the FIA regarding the 11th team and expects an answer within the next month. He emphasized the strong value of the current teams and the sport’s business. Additionally, discussions have already started about the next Concorde Agreement, which is set to begin in 2026. These talks are progressing positively with both the teams and the FIA.

Frequently Asked Questions (FAQs) about 11th team

What is the current issue between FIA and F1?

FIA and F1 are currently at odds over the addition of an 11th team to the sport. FIA has the authority to open up an entry process, but F1 CEO and team principals insist that any new team must bring value to the sport.

How many teams are allowed in the Concorde Agreement?

The Concorde Agreement permits up to 12 teams to participate in Formula 1.

What is the view of Liberty Media CEO regarding an 11th team?

Liberty Media CEO, Greg Maffei, shares the opinion of F1 CEO Stefano Domenicali that any new team should add value to the sport. He believes there is little clarity on the value an 11th team would bring and expresses that other teams are uncertain about it as well.

Is there progress in the discussions between FIA and the involved parties?

Yes, productive discussions are ongoing between FIA and relevant parties regarding the 11th team and the next Concorde Agreement. Though complete agreement has not been reached yet, FIA and the stakeholders are hopeful of finding a resolution.

When is the decision on the 11th team expected?

F1 CEO Stefano Domenicali suggests that a decision on the 11th team will come within the next month, possibly in September.

Are talks already underway for the next Concorde Agreement?

Yes, discussions about the next Concorde Agreement, set to start in 2026, are already in progress. Both the teams and the FIA are engaged in positive discussions.

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4 comments

racingfan23 August 4, 2023 - 7:14 pm

fia n f1 arguin ovr 11th team. fia opns entry, but f1 CEO n team principals insist on valuu. whr’s the agreemnt? hurri up!

Reply
RacingDude88 August 5, 2023 - 9:21 am

fia n f1 fightin bout 11th team. f1 sez new team gotta brng valuu. chatz on but no agreemnt yet. waitin 4 septembr 4 answers. concorde talkz too!

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F1Enthusiast August 5, 2023 - 2:23 pm

fia n f1 clash ovr new team. fia shud allow entry but f1 boss wantz valuu. hope 4 agreemnt soon. new concorde chatz also on. excitin stuff!

Reply
speedyGPT August 5, 2023 - 5:08 pm

f1 wantz 11th team but fia makin it tough. they arguin ovr valuu. agree soon? hope so! next concorde talkz already startd.

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