Overhead Crossing: Why any new F1 team has to pay $200million to the current grid to enter ～ THE RACE on YouTube

2020年9月17日木曜日

Why any new F1 team has to pay $200million to the current grid to enter ～ THE RACE on YouTube

Under the terms of F1's new Concorde Agreement, any new team wanting to enter F1 now has to pay $200million which will then be shared evenly amongst the 10 existing entries. In this video Scott Mitchell explains the thinking behind the move, and how it is designed to prevent 'chancers' trying to join F1, as well as offering more protection to the current teams in a US sports-style franchise model. READ MORE HERE https://ift.tt/32o1hZh Subscribe: https://ift.tt/2uFbaUf Website: http://the-race.com/ Twitter: http://twitter.com/WeAreTheRace Instagram: https://ift.tt/37qF9fV Facebook: https://ift.tt/31UST1s Podcasts: https://ift.tt/37rzaaA Thanks for watching - please like, share and comment, please also hit subscribe to show your support so we'll keep doing what we're doing. #Formula1 https://ift.tt/38jmAvq http://www.twitter.com/wearetherace