Any possible new teams due to budget cap?

[faa77]

Given the incoming spending cap and fairer distribution of prize money from the new Concord Agreement F1 must be more attractive for new teams considering entering.

Is there any news/rumours regarding possible new teams? Would love a 24/26 car grid.

[anonymous-user]

For a manufacturer, it's still not going to be attractive, as the cost of developing the PU is still enormous and the timescale to competitiveness too long. The risk of embarrassment is high (see Honda). From a marketing perspective the technology isn't ostensibly that of 'the future', either.

If you're a customer team, there's little evidence you can muscle in and become competitive in a reasonable timescale, so it would have to support a marketing exercise for a wider business, a la Haas.

I realise Mercedes manage to make themselves more or less profitable, however I think they're an outlier.

[Craigyp79]

There have been recurring rumours of a Chinese team looking to get in, hasn't come to anything yet though...