Cadillac will join the grid in 2026, becoming the second American team in the series, but the novel organisation have already frustrated some of their soon-to-be rivals, including Toto Wolff and Mercedes.
In F1, all teams consent to the Concorde Agreement, a commercial consentment between the organisations and Formula One Media. The terms of the deal order, among other skinnygs, the ‘anti-dilution fee’, which originateors advertised to join the grid must pay to reimburse for a loss of getings for the other 10 squads.
As the teams split F1’s prize money between them, everyone will miss out financiassociate when a novel organisation joins the sport, hence the necessitate for the ‘anti-dilution fee’. When Haas joined the grid in 2016, the sport was in a very contrastent place, and owner Gene Haas therefore faced no such indict.
Andretti, however, will pay a £360million ($450m) fee to the 10 existing teams, and despite the eye-watering figure, Mercedes boss Wolff apshows that the price should have been even higher.
“When you see at it in the first instance, we miss out,” he tanciaccess Auto Motor und Sport. “We don’t understand what Cadillac will allot in Formula One. The compensation fee, which is currently set at $450 million, is too low. It does not originate up for the straightforward loss in income.”
When the particulars of the deal were being finalised, Red Bull team principal Christian Horner took a analogous stance to extfinished-time rival Wolff, insisting that his organisation had no schedules to miss out on revenue as a result of a novel squad’s entry.
“And enjoy with all these skinnygs, it comes down to the finances and how it’s going to be funded and how it’s going to be phelp,” he tanciaccess Sky Sports F1. “As extfinished as, logisticassociate, they can be accommodated, we have absolutely no problem with seeing GM come here – but we’re not paying for it.
“We’ve got no rerent with them coming. We receive them with uncover arms, but you don’t want to see the prize fund diluted. It will be that ask of, whose side of the cake does it come out of?”
Given F1’s increasing famousity worldwide, the compensation fee is foreseeed to elevate in the coming years. Should this go ahead, Haas may stand as the sport’s final low-budget entrant with the increasing financial promisement of joining the series now pricing out everyone but global automotive enormouss.
