F1 CEO Stefano Domenicali has claimed teams are knocking back buyout offers of “almost billions”
F1 teams refusing eye-watering buyout offers of ‘almost billions’, in stark contrast to recent history when a team could be sold for as little as £1.
With the ‘Expressions of Interest’ and application process for prospective new F1 teams having recently closed for submissions to the FIA, talk has resurfaced about how many more teams could potentially be added to the grid in the future. “I think that in my role, I need to consider the sport can grow only if the majority of all the teams can grow,” Domenicali told the Beyond the Grid podcast.
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