Although it was announced the other day, and we also wrote about it, that F1's eleventh team is coming, the joy was mixed with a "small" unpleasant aftertaste.
It's great news that the obstacles to the new team joining have been removed, but this is not due to the kindness of the participants. It's more due to the fact that instead of the $200 million set in the previous plan, the "league" is now willing to pay $450 million, meaning they were willing to be generous for two and a half times more money...
This means that General Motors will have to pay more than three racing seasons' worth of expenses up front to even be able to talk to them and actually win the right to compete. This amount will be distributed among the already active teams, in what proportion it is not yet known. However, the international press is rumored that if all teams receive the same amount of revenue, then everyone will receive the same amount of money as the last two teams in the constructors' championship - simply because they gave in to GM.
With the entry of the Americans, an old, relevant rule is also overturned: until now, all teams have shared in the sport's revenues, but from now on, only the top ten will enjoy this.
