F1 | Chase Carey on new builders entering 2021: 'There have been talks'

Formula 1 is the maximum expression of motor racing, both in terms of competition and technology. It's a very small world, accessible to a select few given the enormous costs. Suffice it to say that out of ten teams, there are only four motor manufacturers present (half compared to 1997, with 12 teams registered but only 11 participants). The new cycle that will start in 2021 could be less drastic than one might have thought until last year: do you remember the battle carried out by Marchionne, supported by Toto Wolff on the standardization of some components of the power unit? Well this could be avoided, but it's all a work in progress. Chase Carey, Formula 1 boss takes stock of the situation, stating that there could be new manufacturers starting from the 2021 season.

“I think we all wanted to make sure we still had the hybrid powertrain, which is relevant for road engines – Chase Carey said. In terms of technology, these engines are at the top of the automotive industry pyramid, and this attracts new manufacturers. The path we are taking is encouraging, we will continue like this for the current manufacturers and for those who could enter Formula 1. A year ago we were looking for an engine with many changes, but speaking with the teams, we all agreed on the fact that the right thing to do was to make the current rules more stable and implement a series of changes to make the races more beautiful and at the same time the category more economical".

“Since we arrived – Carey continued – we agreed that the engine had to be cheaper, stronger and more powerful to allow the drivers to do their best, and I think that stabilizing the current engines through sporting and technical rules was the best thing to do and that we will carry forward. One factor that has emerged is that the testing time, therefore the time used to carry out the tests (on the bench and on the track) is one of the consequences of increasing costs, because it allows you to test indefinitely. So the money spent on technical improvements is just as important as making engines "attractive" to new and existing manufacturers, both from a competitive and business perspective. We have already had talks with possible new entries, and we all agree that the path taken is the right one."