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[Karun Chandhok] The new Concorde Agreement will come into effect in 2026 which will likely limit the F1 grid to just 10 teams (twitter.com)

submitted 7 months ago* (last edited 7 months ago) by [email protected] to c/[email protected]

15 comments fedilink hide all child comments

as opposed to the 12 slots officially available as per the current agreement…

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[–] [email protected] 12 points 7 months ago (1 children)

You’re not wrong. Of course they don’t want any new entries. It doesn’t matter if it’s Andretti, Toyota, Porsche or anyone else. The pie doesn’t get bigger, it gets distributed to everyone equally, which means they’re getting less money for every new team added.

None of these teams are going to vote against their own interests. There’s no incentive to allowing new teams (to them), everything about it is a negative for the teams already in place.

[–] [email protected] 2 points 7 months ago

also important to remember they’ve maxed out the number of GPs in a season, so the low hanging fruit to increase revenue is gone. that’s why we’re now seeing crap like this and sprints. they are desperate to keep the money they have and squeeze out every last cent.

soon classic tracks like spa will be gone in favor of more profitable ones. they’ll find ways to cram more and more sponsorships in the broadcasts. targeted ads on streaming platforms. who knows, maybe even full blown ad breaks during races.