8702 replies to this topic

[New Britain]

2026 is actually the same as the new Concorde Agreement comes into effect then. Quite a few people (including Michael Andretti) have said that they expect the anti-dilution fee to go up in the next Concorde Agreement and growth would see it go up further in future Concorde Agreements.

Either the fee will be multiples higher than it is now or they will put a 10-team cap on the grid - both extortion.

[Wuzak]

A few weeks ago arrysen linked us to a 2023 article, I think in Autosport, in which a journalist asserted that, contrary to what all other journalists had reported on the point, FOM had the ultimate veto over whether an applicant may enter F1 races - not only to be eligible for the prize fund, but even to race on the track for no money.

If correct, this would appear to fly in the face of the EU ruling in 2001 that there could be no cross-contamination between the FIA and the Commercial Rights Holder. But it could be true.

As long as the FIA and FOM continue to act as though motor racing belongs to them, rather than to the entire motor racing community who pay for it all and make it happen, we may never know who has the power to make the decision.

 

Not having an agreement with FOM may impact the FIA's evaluation of the viability of a team.

 

Which is, after all, one of the main concerns has for new teams. That and technical capabilities.

[New Britain]

Not having an agreement with FOM may impact the FIA's evaluation of the viability of a team.

 

Which is, after all, one of the main concerns has for new teams. That and technical capabilities.

Sorry, but no.

 

FIA Phase 2 of the application process, which Andretti passed and the other three applicants failed, is based on 'sporting, technical, and financial analysis'.

FOM has no competency to do sporting or technical analysis. FOM might have competency to do financial analysis (which would cover the applicant's own financial viability, not its commercial impact on the Commercial Rights Holder or the other teams), but there is no reason to think that FOM would understand more about the financial viability of a racing team than the FIA, with its decades of experience in precisely that subject area, would do.

It is possible that FOM has a contractual right to an ultimate veto, but that would not be because it is in a position to know more about the FIA's criteria than the FIA itself will do. FOM had its own criteria, which were purely about its own, and the existing teams', financial returns.