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Domenicali: F1 teams turning down offers worth 'almost billions'
Formula 1 chief executive Stefano Domenicali says interest in the sport is so high that teams are receiving and turning down billion dollar offers from potential entrants. The deadline set by the FIA for prospective new teams to file their 'expression of interest' in entering F1, in 2025 at the earliest, came and went last month on May 15. The governing body is now aiming to decide on any applicants by June 30. However, Domenicali hasn't changed his stance on the matter. The Italian remains firmly entrenched in the camp of those that believe that Grand Prix racing does not need more than 10 teams. "I don’t think so, that’s a personal opinion, I need to say that," he said,...
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