Mercedes boss Toto Wolff has said that the new regulation which will ensure any new Formula 1 team has to pay $200m to the other 10 is 'very important' to the sport. The powers-that-be in Formula 1 have consistently said there is room for one, perhaps two new teams to join the grid and it is hoped that the new technical, sporting and financial regulations on the way in 2022 will help attract fresh faces in the years to come. However, another new regulation, which has been revealed during the Tuscan Grand Prix weekend at Mugello, may just plant a seed of doubt for any new teams. As part of the revised Concorde Agreement there is a rule that states a new team must share $200m equally across...
Full Story »