News Details

Possible new F1 team were kind of expecting entry price of $200 million

The Panthera team had planned to enter Formula 1 in the 2022 season. Last week it was announced that new teams will have to pay as much as 200 million dollars to be able to race in the sport in F1. According to Benjamin Durand, who wants to go into F1 with Panthera, this is a major setback. Entry price wasn't fully expected "We were kind of expecting it. It’s for us something that was in discussion for quite some time", Durand said in an interview with RaceFans.net. Durand himself had expected that the cost to enter F1 would be between 80 and 120 million dollars. "Obviously it’s not good news, but it’s not news per se, we were kind of expecting it,”...
Full Story »
3y ago from GPBlog.com 0
Share

You May Also Be Interested In...

Possible new F1 team did not expect an entry price of...

The Panthera team had planned to enter Formula 1 in the 2022 season. Last...
3y ago from GPBlog.com

Setback for possible new F1 team: "We were kind...

The Panthera team had planned to enter Formula 1 in the 2022 season. Last...
3y ago from GPBlog.com

McLaren hangs asking price of 200 million pound to...

The head office of McLaren is put up for sale. The team from Woking will...
3y ago from GPBlog.com

New teams must pay F1 rivals $200m

Sep.13 New Formula 1 entrants will have to pay $200 million to the...
3y ago from OneStopStrategy.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
18h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal face huge Premier League competition for Real...

Whether or not Arsenal go on to win their first Premier League title in 20...
2h ago from CaughtOffside.com

Ex-Arsenal & Man Utd star RVP in advanced talks...

Former Arsenal and Manchester United striker Robin van Persie is in...
36m ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.