(Motorsport-Total.com) – Formula 1 should additionally develop by way of the variety of competing teams. There is not any lack of curiosity. Therefore, the FIA has began an application process for new teams that wish to enter the primary class from 2025.
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As early as 2025, one or two teams could make Formula 1 wealthy
In a press launch issued on Thursday, the world governing physique of cars “declares the official begin of the application process to determine potential teams that want to compete at a aggressive stage within the FIA Formula 1 World Championship.”
The choice of candidates might be based mostly on the “long-term normal pursuits of the championship, along with the prevailing guidelines and rules”. Successful candidates can select whether or not they wish to begin in 2025, 2026, when the new technical rules come into drive, or in 2027.
There are eight standards to determine which teams are accepted. These embrace “the group’s technical capabilities and sources” and “the power of the group to satisfy its obligations below the sporting, technical and monetary guidelines of Formula 1”.
Applicants will need to have “ample funds” to fulfill their monetary obligations and compete competitively. This is accompanied by an in depth marketing strategy for the primary 5 years.
The choice process additionally consists of sustainability and optimistic social influence standards. In different phrases, every candidate should present how they wish to be carbon impartial by 2030 and the way they wish to make a optimistic social influence by sports activities.
Liberty Media, which owns the industrial rights to Formula 1, “could impose extra choice standards/circumstances,” it mentioned. Formula 1 CEO Stefano Domenicali beforehand mentioned he was against increasing the beginning subject past ten teams.
The FIA anticipates that the deadline for functions might be 30 April 2023, with a choice to be made by 30 June. However, there shouldn’t be greater than two new teams in the principle group for now.
“The most variety of teams collaborating within the championship as much as and together with the 2025 season is proscribed to 12. Existing Formula 1 teams might be given desire over new candidates. If no applicant is deemed appropriate, no new Formula 1 group might be chosen. .”