Some people are suggesting that Formula 1’s fee to prevent the dilution of its brand for new teams could triple to $600 million. This demonstrates how divided the sport is on this matter.
In addition, the FIA’s outlined process for new teams shows that they could enter the sport in 2025, which falls under the 2021-2025 Concorde Agreement that specifies a $200 million fee.
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Any changes to the clauses in the agreement require unanimous agreement, which is unlikely given the concerns expressed by some parties. These concerns may increase, and may draw the attention of EU authorities.
While some proponents justify the fee as a “franchise fee,” it does not meet the criteria of such a fee, as a franchise fee is paid by a franchisee to the franchisor for the right to use their intellectual property.
