Formula 1 has seen a huge boom in popularity over the last ten years, with each team now an incredibly valuable asset. Williams was sold to Dorilton Ventures in 2020 for a figure of around £153m – per TheRace – but will be worth considerably more than that now. That’s because F1 has set out its stance that ten teams is more than enough to keep the sport competitive after rejecting Andretti’s application to join the grid. Not only that, but F1 teams want to increase the anti-dilution fund in the Concorde Agreement to highlight the increased valuation of their assets, and potentially make it mor…
