{"id":2324,"date":"2020-10-07T12:47:58","date_gmt":"2020-10-07T11:47:58","guid":{"rendered":"https:\/\/formula1news.co.uk\/?p=2324"},"modified":"2020-12-23T22:16:45","modified_gmt":"2020-12-23T22:16:45","slug":"new-teams-should-be-allowed-to-buy-existing-cars-ex-f1-driver","status":"publish","type":"post","link":"https:\/\/formula1news.co.uk\/new-teams-should-be-allowed-to-buy-existing-cars-ex-f1-driver\/","title":{"rendered":"New Teams Should Be Allowed To Buy Existing Cars \u2013 Ex-F1 Driver"},"content":{"rendered":"\n<p>With new entrants now required to pay a $200 million fee to the existing ten teams in addition to all the other expenses of entering the pinnacle of motorsport, it\u2019s now more difficult than ever to join the Formula One grid.<\/p>\n\n\n\n<p>Last month, Haas F1 team principal Guenther Steiner <a href=\"https:\/\/formula1news.co.uk\/steiner-haas-wouldnt-be-in-f1-if-it-had-to-pay-200mn-entry-fee\/\">told this publication<\/a> that they almost certainly wouldn\u2019t have been able to enter the sport if they had to pay such a high entry fee.<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>READ: <a href=\"https:\/\/formula1news.co.uk\/red-bull-insist-theres-no-engine-clause-in-max-verstappens-contract\/\">Red Bull Insist There\u2019s No Engine Clause In Max Verstappen\u2019s Contract<\/a><\/strong><\/p>\n\n\n\n<p>And now, former F1 driver Marc Surer has expressed his opposition to this $200 million entry fee, warning that it will make it very difficult to expand the grid.<\/p>\n\n\n\n<p>\u201cI was surprised about the $200 million entry fee. I understand it from the existing teams\u2019 perspective, as they want F1 to be an exclusive club which not just anyone can enter,\u201d Surer said in an interview with <a href=\"https:\/\/formula1news.co.uk\/\">Formula1News.co.uk<\/a> managing editor Suliman Mulhem.<\/p>\n\n\n\n<p>\u201cBut for any new team, they already have to invest a hell of a lot of money to enter F1 just for the set-up. So I think this extra $200 million is a little bit too much.\u201d<\/p>\n\n\n\n<p>Continuing, Surer \u2013 who competed in Formula One with the likes of Brabham and ATS \u2013 said the sport needs more competitors to at least stop underperforming works teams from occasionally being at the very back of the grid.<\/p>\n\n\n\n<p>\u201cWe need more cars on the grid. Lately we\u2019ve had the Ferraris towards the very back in some sessions. This is not acceptable. We need some cars from smaller teams to fill up the field, so it doesn\u2019t look that terrible for Ferrari and other works teams in a similar position.\u201d<\/p>\n\n\n\n<p>Instead of having to pay the $200 million fee upfront, Surer believes new entrants should simply have to demonstrate that they have the wherewithal to enter Formula One.<\/p>\n\n\n\n<p>Allowing new teams to deposit the money into an account and then slowly spend it could be an effective and better way of ensuring only serious bids are considered, according to the Swiss racing driver.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>New Teams In Need Of Help<\/strong><\/h3>\n\n\n\n<p>In recent years, even without having to pay a $200 million entry fee, most newcomers have struggled due to the sheer cost of putting together an F1 operation and trying to build a competitive car from scratch.<\/p>\n\n\n\n<p>Consequently, many new teams \u2013 such as Marussia, Caterham and HRT \u2013 had fairly short-lived tenures in Formula One.<\/p>\n\n\n\n<p>Surer believes that it\u2019s in the interests of the sport to help new entrants get through their first few years of competing in F1. &nbsp;<\/p>\n\n\n\n<p>\u201cAs seen with Haas when they first entered F1, they needed help from Ferrari to be competitive and they\u2019ve been struggling in more recent years.<\/p>\n\n\n\n<p>\u201cAll teams need some help in the beginning. So, I think they should be able to buy last year\u2019s car from another team for the first two years,\u201d he added.<\/p>\n\n\n\n<p>With regards to the soon to be introduced budget cap, which will start off at $145 million for the 2021 season before being reduced to $140 million and $135 million over the following two years, Surer believes it will significantly level the playing field.<\/p>\n\n\n\n<p>\u201cSmaller teams still have a budget below $135 million, but prize money can bridge the gap, so the budget cap should help level the playing field and make everyone closer.\u201d<\/p>\n\n\n\n<p>He also suggested allocating development tokens to teams based on their finishing position in the prior year\u2019s Constructors\u2019 Standings, with less successful teams getting additional tokens to develop their cars.<\/p>\n\n\n\n<p>\u201cGiving teams with slower cars more tokens could be very effective, as weaker teams could develop their packages more and close up to the front. For example, the winner gets one token, the runner-up gets two tokens, and so on.\u201d<\/p>\n\n\n\n<p class=\"has-text-align-center\"><a href=\"https:\/\/www.thegpbox.com\/formula1\/?wpam_id=59\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Buy exclusive Formula 1 memorabilia \u2013 including autographs, real F1 car components and paintings \u2013 from GP Box<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With new entrants now required to pay a $200 million fee to the existing ten teams in addition to all the other expenses of entering the pinnacle of motorsport, it\u2019s now more difficult than ever to join the Formula One grid. Last month, Haas F1 team principal Guenther Steiner told this publication that they almost certainly wouldn\u2019t have been able to enter the sport if they had to pay such a high entry fee. READ: Red Bull Insist There\u2019s No Engine Clause In Max Verstappen\u2019s Contract And now, former F1 driver Marc Surer has expressed his opposition to this $200<\/p>\n","protected":false},"author":1,"featured_media":3737,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,21,26],"tags":[47,82,83,84,165],"class_list":["post-2324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-picks","category-featured","category-latest-news","tag-concorde-agreement","tag-gene-haas","tag-guenther-steiner","tag-haas-f1","tag-marc-surer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Teams Should Be Allowed To Buy Existing Cars \u2013 Ex-F1 Driver<\/title>\n<meta name=\"description\" content=\"The $200 million entry fee will make it very difficult for new teams to 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