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Why Domenicali says F1 doesn’t want extra groups

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Why Domenicali says F1 doesn’t want extra groups

2022-09-21 09:10:12

F1 CEO Stefano Domenicali says the game doesn’t want greater than 10 groups and 20 drivers, though ‘nice drivers’ like Daniel Ricciardo run the chance of being shunted onto the sidelines subsequent 12 months.

F1 has had solely 10 groups because the MRT outfit disbanded on the finish of the 2016 season, however the sport’s elevated profile has led to rumours of a number of events becoming a member of F1.

Audi have confirmed that they may be part of the game as an engine producer from 2026, whereas Michael Andretti is trying to carry a US-based crew into F1.

However regardless of the present paucity of obtainable seats which means eight-time Grand Prix winner Ricciardo’s possibilities of racing in 2023 look like diminishing, Domenicali rejected the notion that the game wanted extra groups.

“As all the time, you must be balanced,” Domenicali instructed Sky Sports activities F1. “You could see all of the issues which might be across the desk. Having extra drivers, on the finish of the day there’s all the time a restrict at which you’ll be able to go.

“Including one or two, you could open up some driving seats. However we have to even have the proper dimension in what’s profitable for the game.

“I believe in that respect there’s the analysis of the sustainability of the crew, the analysis of not being too crowded with that. So I might say when it comes to precedence, it isn’t actually a necessity for Components 1 at the moment.”

Domenicali – Stability is essential

Beneath the phrases of F1’s Concorde Settlement, any new entrant into the game should pay a $200 million anti-dilution payment to be distributed among the many 10 current groups, to compensate them for the additional outfit now sharing the sports activities’ prize purse, which might not improve.

However even having the monetary clout essential to fulfil this obligation is not any assure of being granted a spot on the grid, and Domenicali stated his reluctance to extend the variety of entrants is born out of a “having a imaginative and prescient of the longer term”.

“Now Components 1 is extraordinarily aggressive, however you must be very robust when it comes to financials, when it comes to competence, and at the moment this is among the issues that’s essential, to verify the soundness of the system might be for a very long time,” stated Domenicali.

“You see how troublesome at the moment it’s to seek out individuals that actually are the high-quality in all of the totally different enterprise. I do not suppose that at the moment that’s one thing we will say with religion.

“I believe that’s the time that we have to make investments for the longer term, however we must be balanced. So I am not saying that this won’t occur, however we have to take it step-by-step.”

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