Red Bull Boss Favors $200 Million Rule Amid Andretti F1 Interests

Follow Us

via Getty
BARCELONA, SPAIN – FEBRUARY 23: Christian Horner of Red Bull is seen during Day One of F1 Testing at Circuit de Barcelona-Catalunya on February 23, 2022 in Barcelona, Spain. (Photo by Eric Alonso/Getty Images)
Red Bull boss Christian Horner has given his verdict on new teams joining F1. The Briton initially made it clear that the addition of new teams does not necessarily mean addition of value.
America’s Favorite Video Today
With Audi, Porsche, and even Andretti confirming interest in joining F1, things have become interesting. Understandably, not every team supports a new team’s addition.
ADVERTISEMENT
Article continues below this ad
Christian Horner does not feel the anti-dilution fee is pointless
F1 prize money fund is a tricky business to understand. The growth of the current 10 teams has been accretive, with billions of dollars invested. Now, a new team’s entry will mean the division of money between 11 teams and not 10. Logically, if an 11th team enters the sport, that would mean a 10 percent dilution for everyone else.
However, suggestions regarding a team proving its worth came forward by many. And an anti-dilution fee of $200 million, as a result, has been rendered pointless by many. Horner, alarmed by the situation, explained, “What that essentially does, it puts an intrinsic value or minimum value on any entrant, you know, from P10 upwards, I think that you’ve got to look longer term.”
Trending
Get instantly notified of the hottest F1 stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

via Reuters
Formula One F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – March 19, 2022 Red Bull Team Principal Christian Horner during qualifying. Pool via REUTERS/Giuseppe Cacace
The Brit added how the fee is important for the 10 teams. Irrespective of proving the worth, the $200 million is another story altogether. He said, “The 200 million is a significant amount of money.”

“Give That Wolf a Banana”: F1 Fans Bring Up Hysterical Leclerc-Wolff References & More Amid Ongoing Eurovision 2022
“But you know, in this business, and when you divide it by the participants, it doesn’t go a long way. It’s a one-shot, it’s not 200 million every year. So, you know, at the end of the day, a conversation like this will always come down to economics.”
Some teams besides Red Bull support new entries
ADVERTISEMENT
Article continues below this ad
Mercedes boss Toto Wolff has also pitched in and agrees with Horner. The two bosses lead two of the most important F1 teams: Mercedes and Red Bull, and it makes their say essential.

However, few teams also agree with new entrants. McLaren, who collaborates with Andretti in IndyCar, reasonably looks forward to the legendary team joining F1.
ADVERTISEMENT
Article continues below this ad
Watch This Story: F1 Stars Max Verstappen, George Russell Enjoy Miami Heats Dominant Surge at NBA Playoffs
Fans also believe that a new entrant like Andretti can fairly boost the competition. With their IndyCar journey, they’ve managed a fair run and garnered positive feedback from even Fernando Alonso. With these new entries, possibly making an entry by 2024, can they make a change?
Providing feedback will help us make your experience better.
The Fan's Perspective
Enjoyed Your Read? Let us know how likely you are to recommend EssentiallySports to your friends!
Least Likely
Most Likely
ADVERTISEMENT
Edited by:
Ranvijay Singh
ADVERTISEMENT
ADVERTISEMENT