Why the F1 ladder can't produce new grand prix teams
The days of junior teams stepping up to Formula 1 appear long gone. And the reason behind the lack of quality options to expand the grid is easy to trace
Although Liberty Media's short-term priority is to ensure the ongoing health of Formula 1's 10 teams and 20-odd grands prix, the umbrella company for F1's commercial rights holder Formula One Management harbours a stated desire to increase both the number of entrants and rounds.
In a recent interview with Autosport, to be published on the September anniversary of Liberty's acquisition of management control over F1's commercial rights from CVC Capital Partners, F1 CEO Chase Carey stated "our priority in both cases is [to] make the teams strong, make the 21 races great. That's priority one, and then figure out from there."
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