The franchise model in Formula 1 is currently undergoing significant changes as teams advocate for an exclusive 10-team cap, reflecting the billion-dollar showdown and the surging financial powerhouses within the sport. This shift highlights a strategic approach towards team participation and financial sustainability, indicating a pivotal moment in the evolution of the Formula 1 franchise model. The push for a limited number of teams aligns with efforts to enhance competitiveness, financial stability, and overall value within the sport, showcasing a complex interplay between economics, competition, and long-term viability in the world of Formula 1 franchises.
Exploring the reasons behind F1 teams' demand for a grid cap to 10 teams in the new Concorde Agreement and its impact on the sport.
Discover how Formula 1 teams have soared to billion-dollar valuations in the Liberty Media era, making the sport a pinnacle of financial and athletic success.