F1 could waive $200m anti-dilution fee for potential new teams

F1 News
Saturday, 06 February 2021 at 12:04
haas vf 16 racecar debut

Formula 1 could be prepared to waive the $200 million "anti-dilution" fee for new entries into the championship, according to F1 CEO Stefano Domenicali.

The fee is aimed at compensating the existing teams for any potential future loss of earnings that the arrival of a new constructor could result in. Under the current revenue structure, every team in the championship receives a pay-out, rather than just the top 10 finishers in the standings as was previously the case.
Asked if the fee could be waived in certain circumstances, Domenicali told RaceFans that it would be considered in “cases that need to go deeper into the discussion without that money.”
The quotes suggest that F1 would be open to new entries in the future and Domenicali restated that the sport is currently in discussions with manufacturers that had an interest in joining the series.
“We are receiving a lot of interest from OEMs who want to understand the future of Formula 1,” he said.
“We are receiving – it seems strange from outside, but I’m very happy for that – some new requests for teams or other organisations that want to see if there is a possibility to invest in Formula 1.
“These are a sign that the foundation and ideas we have on the table are good for the benefit of a positive future for Formula 1.”
Additionally, co-founder of rumoured prospective constructor Panthera, Benjamin Durand, told RaceFans that they were still considering the options available to them.
“We welcome Stefano’s comments but we need to understand under which circumstances the fee could be waived," he said.
"We are currently investigating other options, including investments in existing teams. This could alter that.”
Haas was the last new team to enter F1 when they made their debut back in 2016.
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