Since the teams appear to be happy with the current financial arrangement, I'm going to suggest that the new agreement will be more of the same.
Further inflated team valuation.CaribouBread wrote: ↑11 Apr 2024, 08:02What could be the consequences of the new Concorde agreement reducing the max team slots down to 10?
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.AR3-GP wrote: ↑11 Apr 2024, 19:40Further inflated team valuation.CaribouBread wrote: ↑11 Apr 2024, 08:02What could be the consequences of the new Concorde agreement reducing the max team slots down to 10?
The cost of labor, for example, is an aspect that can heavily affect a team’s organization. In Switzerland where Sauber is based (which is turning into Audi), while in Italy there is Ferrari, two companies that suffer expenses for the staff that exceed by 20 – 30% the costs that are recorded in Great Britain, where the other teams are based, with the exception of Haas and Racing Bulls.
Haas has the headquarters in the United States in Kannapolis (North Carolina), and three operating offices (two in Italy: in Maranello at Ferrari and in Varano de’ Melegari from Dallara and one in England to Banbury), while the Racing Bulls is divided between Faenza and Milton Keynes and the Alpine joins Enstone at the Renault motor pole of Viry Chatillon, but the Parisian headquarters will be abandoned by the F1 team.
15 teams is not possible - not enough garages at a lot of circuits. Personally I think 12 is enough, but I agree they should not be able to block new entrants. Perhaps the pay out to teams is based on 12 teams regardless, so no financial incentive for them to block extra teams.DChemTech wrote: ↑11 Apr 2024, 20:21My 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.
Agreed. 12 "real" teams feels like the sweet spot where there will be enough seats to consistently bring talent through from F2 without having so many teams that you end up with backmarkers that won't ever be able to score.PapayaFan481 wrote: ↑11 Oct 2024, 14:4315 teams is not possible - not enough garages at a lot of circuits. Personally I think 12 is enough, but I agree they should not be able to block new entrants. Perhaps the pay out to teams is based on 12 teams regardless, so no financial incentive for them to block extra teams.DChemTech wrote: ↑11 Apr 2024, 20:21My 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.
