FIA president Mohammed Ben Sulayem is open to adding a 12th team onto the F1 grid, despite team principals Toto Wolff and ...

In F1, all teams agree to the Concorde Agreement, a commercial agreement between the organisations and Formula One Media. The terms of the deal dictate, among other things, the ‘anti-dilution fee’, ...

F1 season is rumoured to be one of the most exciting due to the closeness between the top teams, with McLaren, Ferrari and ...

Last night, drivers, F1 power houses, icons of racing, and one of the Spice Girls (though not the one you'd expect) showed up ...

Moreover, the prize money would be distributed within the 11 teams instead of the previous ten-team distribution. As a result, Toto Wolff took a dig at Cadillac’s reported $450 million dilution ...

In order to join Formula 1, burgeoning teams must pay an ‘anti-dilution fee’ in order to compensate the other 10 teams on the grid for the impact of its arrival on the prize fund. The fee ...

Red Bull team principal and CEO, Christian Horner once bid $5,000 for a tour of the Mercedes F1 factory and still got ...

Moreover, the prize money would be distributed within the 11 teams instead of the previous ten-team distribution. As a result, Toto Wolff took a dig at Cadillac’s reported $450 million dilution fee, ...

Tasked with the responsibility of occupying the vacant seat is one Kimi Antonelli, 18-years-old, Italian, and quite the big deal inside the world of motorsport. Antonelli was signed to the Mercedes ...

Originally proposed by Wolff, the anti-dilution fee safeguards existing teams from new entries and specifically relates to prize money benefits. The anti-dilution fee is not designed to cover the ...

While fans are buzzing at the prospect of 22 cars fighting for victory, some F1 team principals, including Mercedes’ Toto Wolff ... the financial impact of dividing prize money among an additional ...