Steiner expects $200m F1 dilution fund to be adjusted in the future

F1 is currently attracting interest from American racing marque Andretti Autosport as a potential 11th entry in the near future.

But Andretti’s plans have been met with a lukewarm reaction from most of the F1 paddock amid concern about the financial impact caused by adding another team to the field.

Under the terms of the Concorde Agreement agreed by teams in 2020, any new entry must pay a $200m fee that gets split evenly between the existing outfits. This dilution fund is…