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The FIA said applications will be based on “rigorous financial and technical analysis”, and will also require an illustration of how the new team will manage sustainability challenges and achieve “positive social impact” through participation.
Last updated: 02/02/23 13:34
The FIA has officially launched the application process for new teams to participate in Formula 1 from 2025.
Motorsport’s world governing body said applications would be based on “rigorous financial and technical analysis,” and would also require an illustration of how the new team would manage sustainability challenges and achieve “positive social impact” through participation.
The announcement comes amid a public dispute between FIA president Mohammed Ben Sulayem and representatives of F1 teams over acceptable terms for the network to be expanded.
More to follow…
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