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Jordan: Wrong for F1 to become franchise sport
Eddie Jordan is vehemently opposed to Formula 1’s $200m ‘anti-dilution’ entrance fee, believing it deters new teams being set up. The $200m charge for a new constructor to enter the paddock, increasing the number from the current 10, has been included in the latest edition of the Concorde Agreement which takes effect this year. That fee would be divided among the existing teams. Jordan knows exactly what it means to start an F1 team from scratch – he did so for the 1991 season when he gave Michael Schumacher his debut in only the team’s 11th race, while as early as round five of that campaign Andrea de Cesaris and Bertrand Gachot finished fourth and fifth respectively in Canada....
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3y ago from PlanetF1.com
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