Stefano Domenicali has admitted that Formula 1 is unlikely to see new manufacturers join the sport over the next two to three years.
The F1 CEO claimed recently that he has been in conversations with new manufacturers about joining the grid, but that process could take longer than thought.
F1 introduces its widely anticipated new sporting regulations in 2022, aimed at shaking up the field and creating closer and more competitive racing, and Domenicali said that this “defined” concept would likely preclude new manufacturers in the immediate future.
However, he highlighted that the sport is working hard to make itself more attractive to original equipment manufacturers, with the new engine formula, set to be implemented in 2025, likely to be a key step in that process.
“I think realistically, in two or three years it is very unlikely because we have already defined the new car in terms of regulations and the engine,” he said. “What we are doing is trying to put in place the ideas that will be very attractive for new OEMs to be part of.
“I feel what we are working on, very hard, are elements at the centre of the discussion we are having.
“First is the fact that technology has to be very relevant. We need to start with the cost and investment that are fundamental to making it attractive for any other OEM to either produce an engine or to be a part of an engine plus chassis production.
“So engine costs will be the big equation where we start the discussions. But when I say that, it is the area which is not attached by any kind of control or cost cap so we need to be very aggressive.”
Haas was the last new team to arrive in F1 back in 2016.