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Liberty believes there is 'no pressing need' for an 11th team
As Michael Andretti seeks official approval for his F1 entry, Liberty Media CEO, Greg Maffei believes there is 'no pressing need' for an eleventh team... as the American F1 Dream becomes a question of who takes the financial hit. Speaking at the weekend, Andretti and his father, the legendary Mario, were confident that almost everything is in place for them to enter F1 in 2024. However, while opinion among the teams remains divided, Liberty Media CEO, Greg Maffei insists there is no pressing need for another team. Of course, one might expect the American to say that, for fearing that a new team would dilute the prize pot, the teams believe that Liberty should take the financial hit....
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2y ago from Pitpass.com
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