Some more details behind what the FIA want to see from potential F1 applicants from the 2025 season onwards 👇
The FIA has announced the opening of its application process for prospective new Formula 1 teams, and they have set out their requirements for what they want from their applicants.
Along with a total $300,000 application fee, the governing body is asking for several relevant documents surrounding the people running the team itself, including details about the company, the owner, and the request to sign a non-disclosure agreement about the application process itself while it is ongoing.
The ability of the team to raise and maintain sufficient funding to meet its financial obligations and to allow participation in the Championship at a competitive level.
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