Speculation surrounding an ambitious Formula 1 entry by Chinese electric vehicle giant BYD highlights why any potential 12th team would face a massive, uphill struggle.
The sport’s strict commercial Concorde Agreement and a fiercely protective stance from existing teams make expanding the grid far beyond the current ten entries extremely difficult.
Current teams remain strongly opposed to adding a 12th competitor, as it would heavily dilute the prize money pot without significantly increasing the sport’s overall revenue.
Any newcomer would also have to pay a massive $200 million anti-dilution entry fee, creating an immense financial hurdle even for global automotive powerhouses.
While a major automotive brand like BYD possesses the technical and financial resources required to build an F1 operation, navigating the intricate political and legal landscape remains a nearly impossible task.
