There is no twelfth F1 team in the pipeline for a crowded network called Stefano Dominicali

Cadillac was the latest team to join the F1 network and will appear for the first time next year. The FIA ​​and Formula One administration reports were open to a 12 team around the ring for several months. but, F1 CEO Stefano Domaini came out, and claimed that the car sport summit had a “other space” for the 12th team.

The F1 evaluation and its teams have increased since the subsequent acquisition of the subsequent Drive to Survive series. When the financial statements become stronger, more car manufacturers, racing teams, and even investors want part of the pie.

The popularity of this sport acts as a marketing for auto manufacturers, while developing the car leads to research and development, which was later integrated into this sport. On the other hand, for F1, a new team opens a new market for this sport, with a reduction in the current team’s share.

The president of FIA, Muhammad bin Sulaim, went out two months ago to talk about the possibility and circumstances in which the twelfth team enters. The president of FIA was open to the idea of ​​the twelfth team while talking about the rumors of a Chinese team that offered attention.

Stefano Domenicali recently came out and revealed that sport has no place for another team. Reducing the participation of other teams and the importance of adding value to sport was not the reasons that Dominicali conveyed, but Logistics absorbed another team.

“We must be careful. We’ll only evaluate an attempt of great importance because I think we are already in a stage with no other space – logistically we are in the maximum.” Stefano Domaini said (via Autosport)

The Italian added that investing or buying a current team (such as what Audi has with Sauber) is the way forward for anyone looking to join sports.

“I see a great interest in money and investors looking to buy the current privileges-let’s call it-given that the value of the team grows greatly, and therefore the financial interest in investing in the F1 is also increasing. We see it directly because we receive many inquiries, and the same difference occurs. But specifically because things are going well, we must be wise and protect the value that we have built.”

Although the F1 had 24 cars on the network (12 teams) for more than a decade, there are a lot of races in the calendar, making logistics challenge. Also, sport, as well as the number of fans in Paddock and Pitlane, has added another team to Cadillac, a logistical nightmare.

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President of FIA Mohamed bin Sulaim is open to the idea of ​​the 12th F1 team

Rumors about a Chinese attempt to join F1, where the twelfth team started to rotate in July this year. The president of FIA Muhammad bin Sulaim came out and detailed the possibility of another team, talked about rumors about the Chinese offer, and revealed what is required for sports to consider another team joining the network. He said, (via Planetf1)

“I still feel that we need more difference (instead) of more races.”

“We have the eleventh team. I think we should look at the performance of the eleventh team, and then, if there is a Chinese (try), and I will talk about their behalf now in front of you, they will agree to that, because it is related to maintaining business,”

“Do we have to fill (the network) with the twelfth team in order to fill (the network) with the twelfth team?

According to what was reported, Cadillac paid $ 450 million as anti -disposal fees, and it may be the same, or most likely a higher number, if the twelfth team joins the network.