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Domenicali claims F1 teams are rejecting 'billions' for potential buy-ins

Article To news overview © XPBimages Stefano Domenicali has claimed that Formula 1 teams are rejecting buy-in offers of "almost billions" as he voiced his opinion that the grid should not expand from the current 10 teams. Domenicali is the third F1 CEO after Bernie Ecclestone and Chase Carey, and under his stewardship, Grand Prix racing has experienced a surge in popularity with a record-breaking number of races both on the calendar and interested in hosting one. One aim of Domenicali and F1 was to help the existing 10 teams to become profitable businesses as opposed to the old era where some of the smaller outfits would struggle to stay afloat. This has been achieved through...
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