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Formula 1 current Concorde Agreement which has been in effect since 2021 and will expire after 2025 and now all Formula 1 teams must ready for new Concorde Agreement which will take effect from 2026 to 2030 seasons from now on.
My opinion: no concorde agreement. Make f1 a sport, meaning the teams just have to deal with the conditions that are prescribed, which are equal for all - new team or eternal participant. They can leave if they don't like it.
Lower the participation fee to whatever is needed to keep the organisation running (if income from other sources does not suffice). Also here, fee is equal for all. Scrap all prize money for teams, when you win, your payout is that you can benefit from marketing popularity. Allow up to 15 teams. Here, there is preference for existing teams when full, but no blocking of new teams when there is room.
What could be the consequences of the new Concorde agreement reducing the max team slots down to 10?
Further inflated team valuation.
I was thinking more in terms of legal repercussions. Stuff like EU regs and Anti trust regs (no idea if these are the right terms but regulations that demand fair competition). The article is more or less a single Joe Saward quote, not sure how much faith to put in that but I wouldn't be surprised if teams were pushing for it - given the reasoning you provided. https://www.motorsportweek.com/2024/04/ ... nt-report/
