F1 News, Reports and Race Results

F1 should look after existing teams as a priority - Steiner

Haas' Gunther Steiner believes Formula 1's management should cater in priority to the needs of the sport's existing ten teams before setting its sights on attracting new entrants.

The sport is at a crossroads as new owners Liberty Media its defines F1's path to the future, on both the regulatory and the economic front.

Earlier this year, the FIA revealed that interest from potential new entrants was ramping up, but Steiner says the focus should be on establishing , first and foremost, a solid and promising foundation on which F1's current teams can grow.

"Everybody will get a little bit annoyed, but everybody has to make compromises for the good of the group," Steiner said.

"I think at the moment we should look after the 10 teams that are here. I’m not against new teams, but you cannot mix it all up."

As a reminder the Haas F1 Team is F1's most recent member, having joined the fray at the beginning of 2016. The US outfit has acquitted itself relatively well given the huge challenges facing any new Grand Prix team.

"At the moment you have got two groups of people, the real big teams and the small teams. If you now introduce also new teams you get a third factor which is a completely different thing because we did it years ago," he added.

"For example, how you manage costs, there is a difference because you need to make a big initial investment.

"I would say let’s agree between the 10 teams here and get it to work, and then try to find more teams - not try to find new teams now because a lot of people now think they can come in and make money immediately because there is a new contract now.

"It will take a while until you make money, so I think there are 10 solid teams here at the moment - let’s make them even more solid or stabilise them, and then go for the next two or three teams or whatever."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Michael Delaney

Recent Posts

Las Vegas GP: Russell keeps Mercedes on top in final practice

George Russell upheld Mercedes’ dominant Las Vegas form in FP3 on Friday, the Briton topping…

37 mins ago

2024 Las Vegas Grand Prix Free Practice 3 - Results

Full results from Free Practice 3 for the Las Vegas Grand Prix in the United…

41 mins ago

Marko: ‘No chance at all’ for Red Bull in Las Vegas

Helmut Marko believes that Red Bull and Max Verstappen are unlikely to challenge for victory…

11 hours ago

GM revives bid to join F1 with accelerated talks for 2026 entry

Automotive giant General Motors is reportedly back in the game as a potential entrant in…

13 hours ago

Las Vegas GP: Thursday's action in pictures

The opening day of running at the Las Vegas GP was a smooth but chilly…

14 hours ago

Williams' headaches persist into Vegas practice

Williams is continuing to fight uphill battles this weekend in Las Vegas as a knock-on…

15 hours ago