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Todt: We want 12 teams in Formula 1

New teams have expressed an interest in entering Formula 1 and two slots could be available in the near future, International Automobile Federation (FIA) president Jean Todt confirmed today. Formula One currently has 10 teams, down from 11 in 2016, following the demise of tail-enders Manor after the end of last season. Since then the sport has been taken over by U.S.-based Liberty Media, who have adopted a more fan-friendly approach and have said they want to see a situation where teams can be competitive and stable. 'When we feel it is time, we will be able to make a tender. At the moment we have 10 teams and the idea is to have up to 12,' Todt told reporters at the FIA Sport Conference...
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