Should the FIA only accept new teams with existing racing pedigree into Formula 1?

Summarized by: Live Sports Direct
 
Should the FIA only accept new teams with existing racing pedigree into Formula 1?

There have been ten teams on the Formula 1 grid over the last six seasons. FIA president Mohammed Ben Sulayem announced this week that the governing body would launch an expressions of interest process to assess potential new entries into Formula1. Andretti announced they would partner with GM brand Cadillac to launch a bid to enter Formula One. Canadian billionaire Calvin Lo has spoken widely of his interest in establishing a new team in recent months. Salvatore Gandolfo has been eyeing an attempt at joining Formula since before the pandemic.

FIA should be more selective about the teams it accepts into Formula 1. Haas was the last new team to join Formula1. It has a history of success in North American motorsport.  There are many formidable teams and manufacturers with racing pedigree racing in other international motorsports series or junior single-seater formulae.

Having an established motorsport pedigree is not a guarantee of a successful entry into Formula 1. It is easier to takeover an existing entry than join as a new entrant. There is more chance that a team will be taken over by an interested third party than there was when Manor disappeared from the sport.

The FIA should accept new teams with existing racing pedigree into Formula 1. The budget cap was a key factor in the decision to remove it. It will make it more viable for new Formula One teams to join the sport. Andretti would like to enter the world championship. The great teams in Formula1 are heralded for what they achieved after they joined the game.

The FIA should only accept new teams with established racing pedigree into Formula 1. A RaceFans account is required in order to vote.