Motorsport Week
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
  • Formula 1
    • 2025 Formula 1 Calendar
    • 2025 Formula 1 Standings
  • Formula E
    • 2025 Formula E Calendar
    • 2025 Formula E Standings
  • IndyCar
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WRC
    • 2025 WRC Standings
    • 2025 WRC Calendar
  • MotoGP
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
  • WEC
    • 2025 WEC Calendar
  • IMSA
    • 2025 IMSA Calendar
  • World SBK
  • More
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
    • Technical Insight
    • Galleries
    • About/Contact
    • Privacy Policy
No Result
View All Result
Motorsport Week
Home Single Seater Formula 1

F1 seeking 10-team limit in new Concorde Agreement – report

by Dan Lawrence
2 years ago
A A
F1 seeking 10-team limit in new Concorde Agreement – report

Max Verstappen (NLD) Red Bull Racing RB20 leaves the grid. 24.03.2024. Formula 1 World Championship, Rd 3, Australian Grand Prix, Albert Park, Melbourne, Australia, Race Day

Share on FacebookShare on Twitter

The 10 existing Formula 1 teams are seeking the limit of outfits allowed onto the grid to be reduced from 12 to 10 in the forthcoming Concorde Agreement, according to reports.

The current terms allow for 12 F1 squads to partake once commercial terms are agreed with an anti-dilution fee of $200 million to mitigate spreading prize funds beyond 10 outfits.

This prompted the FIA to open a tender process at the beginning of last year to attract one or two new entries to participate in F1.

Andretti was the sole prospective entry to pass muster with the FIA, but it was not given the green light to enter from 2025 from Formula One Management (FOM).

RelatedPosts

Zak Brown has denied he wasn't involved in signing Oscar Piastri

Why Zak Brown was ‘amused’ by ‘ludicrous’ Alex Palou suggestions about Oscar Piastri

3 hours ago
Ferrari are in danger of falling behind rivals including Red Bull

Why Ferrari has fallen behind Mercedes and Red Bull in 2025

5 hours ago

With F1’s value growing and the value of its teams along with it, there’s a call to shut up shop and stop the grid growing in the next Concorde Agreement, where commercial terms will be signed for a five-year period from 2026 through 2030.

Reporter Joe Saward understands that both F1 and the teams within it wish to cap the number of competitors to 10, meaning the only way a new entrant could participate is if they bought an existing entry.

Since Liberty Media acquired Formula 1 in 2017, the sport has turned toward a US-inspired franchise model and, understandably, the current teams would be wary of splitting revenue with new entries given the hardship endured to reach this profitable period.

Yuki Tsunoda (JPN) RB VCARB 01. 07.04.2024. Formula 1 World Championship, Rd 4, Japanese Grand Prix, Suzuka, Japan, Race Day

From the financial troubles endured during the Covid pandemic in 2020, the 10 existing F1 teams are now near £1 billion valuations, at least according to McLaren CEO Zak Brown.

If a limit on the number of competitors allowed into the series can’t be capped moving forward then it is more than likely the anti-dilution fee for prospective teams will skyrocket from its initial $200 million.

Another potential sticking point noted by Saward includes the ownership structures of teams, with there being talk it would be in the best interests of the series to have each team owned independently.

This is in reference to the Red Bull parent company owning both Red Bull Racing and the Faenza-based RB outfit, an ownership structure that has been in place for nearly two decades, but one that has been called into question recently by the likes of Brown, who cites the cost-cap amongst other reasons as to why RB should become an independent entry.

The McLaren CEO even went as far as to say the ownership of two teams in Red Bull’s case is “against the fairness of the sport.”

The new commercial arrangements constituting the next Concorde Agreement from 2026 through 2030 will need to be signed before the end of next year.

Tags: F1
Share234Tweet146Share

Related Posts

Zak Brown has denied he wasn't involved in signing Oscar Piastri
Formula 1

Why Zak Brown was ‘amused’ by ‘ludicrous’ Alex Palou suggestions about Oscar Piastri

3 hours ago
Ferrari are in danger of falling behind rivals including Red Bull
Formula 1

Why Ferrari has fallen behind Mercedes and Red Bull in 2025

5 hours ago
VeeKay will join JHR for next season's campaign. Photo: IndyCar - Chris Owens
IndyCar

Rinus VeeKay signs with Juncos Hollinger Racing for 2026 IndyCar season

5 hours ago
Load More

Discussion about this post

Upcoming Races

#EventDate
18Singapore GP03-05 October
19United States GP17-19 October
20Mexico City GP24-26 October
21São Paulo GP07-09 November
22Las Vegas GP20-22 November

Click here for the full 2025 F1 calendar

Drivers’  Standings

#DriverPts
Oscar Piastri324
Lando Norris299
Max Verstappen255
George Russell212
Charles Leclerc165
Lewis Hamilton121
Andrea Kimi Antonelli78
Alexander Albon70
Isack Hadjar39
Nico Hulkenberg37

Click here for full Drivers’ Standings

Latest Articles

Zak Brown has denied he wasn't involved in signing Oscar Piastri
Formula 1

Why Zak Brown was ‘amused’ by ‘ludicrous’ Alex Palou suggestions about Oscar Piastri

October 14, 2025
Ferrari are in danger of falling behind rivals including Red Bull
Formula 1

Why Ferrari has fallen behind Mercedes and Red Bull in 2025

October 14, 2025
Rumours continue to swirl that Christian Horner could be headed to Ferrari in 2026
Feature

Is Christian Horner the saviour Ferrari needs to break its F1 doom cycle?

October 14, 2025

Follow Motorsport Week

Join our daily motorsport newsletter

* indicates required

Motorsport Week

© 2024 Motorsport Media Services Ltd

Other Links

  • About & Contact
  • Privacy Policy
  • Motorsport Monday

Follow Us

No Result
View All Result
  • Login
  • Sign Up
  • Home
  • Formula 1
    • Latest News
    • 2025 F1 Calendar
    • 2025 F1 Championship Standings
  • Formula E
    • Latest News
    • 2025 FE Calendar
    • 2025 FE Championship Standings
  • MotoGP
    • Latest News
    • 2025 MotoGP Calendar
    • 2025 MotoGP Standings
    • Moto2
    • Moto3
    • World Superbikes
  • WRC
    • Latest News
    • 2025 WRC Calendar
    • 2025 WRC Standings
  • IndyCar
    • Latest News
    • 2025 IndyCar Calendar
    • 2025 IndyCar Standings
  • WEC
    • Latest News
    • 2025 WEC Calendar
  • Live Updates
  • Other
    • IMSA
    • Formula 2
    • Formula 3
    • F1 Academy
    • Moto2
    • Moto3
    • World Superbikes
  • Galleries
  • About/Contact
  • Privacy Policy

© 2024 Motorsport Media Services Ltd