Following the signing F1’s new Concorde Agreement by all teams last month, McLaren Racing CEO Zak Brown revealed on Saturday there was a new fee that any incoming teams now had to pay to join the grid.
The $200m sum is intended to give the existing teams some protection over their revenues, as any incoming outfit would create a dilution of the revenues which would be split between more than ...Keep reading
Read more: Wolff defends F1’s $200 million fee for new teams - Motorsport.com
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