In F1, all teams agree to the Concorde Agreement, a commercial agreement between the organisations and Formula One Media. The ...

Moreover, the prize money would be distributed within the 11 teams instead of the previous ten-team distribution. As a result, Toto Wolff took a dig at Cadillac’s reported $450 million dilution ...

While Toto Wolff and Co were weighing up bringing the rising star Max Verstappen to Mercedes, in snuck Helmut Marko to snatch the prize. That is the claim made by 10-time F1 grand prix winner ...

Definitely. But we still don’t know enough about the structure of the deal, the anti-dilution payment, or the eligibility to participate in the prize fund. Toto Wolff explained So far ...

In order to join Formula 1, burgeoning teams must pay an ‘anti-dilution fee’ in order to compensate the other 10 teams on the grid for the impact of its arrival on the prize fund. The fee ...

Last night, drivers, F1 power houses, icons of racing, and one of the Spice Girls (though not the one you'd expect) showed up ...

In order to join Formula 1, burgeoning teams must pay an ‘anti-dilution fee’ in order to compensate the other 10 teams on the grid for the impact of its arrival on the prize fund ... Mercedes‘ team ...

Moreover, the prize money would be distributed within the 11 teams instead of the previous ten-team distribution. As a result, Toto Wolff took a dig at Cadillac’s reported $450 million dilution fee, ...

General Motors will enter F1 as the eleventh team in 2026 with Cadillac. The American carmaker took over the project from racing icon Michael Andretti. Now, Toto Wolff who had opposed Andretti’s bid, ...

Originally proposed by Wolff, the anti-dilution fee safeguards existing teams from new entries and specifically relates to prize money benefits. The anti-dilution fee is not designed to cover the ...

Chief among them are the anti-dilution fee—a $200 million payment to compensate existing teams for potential prize fund reductions—and how ... bringing fresh energy and resources to the grid. Toto ...