P1racenews AI automatic summary:
Former F1 boss Otmar Szafnauer has revealed whether he intends to return to the sport with a 12th team.
Former F1 boss Otmar Szafnauer has confirmed his interest in potentially returning to the sport with a 12th team.
Szafnauer, who has a wealth of experience in Formula 1, including leading Force India and Alpine, stated that he has backers ready to finance a new F1 team.
Chinese automotive giant BYD is also exploring the possibility of entering F1 as the 12th team, adding to the competition for the coveted spot.
Szafnauer hinted at the need for a significant name to fill the 12th spot, emphasizing the importance of enhancing the sport as a whole.
The decision on whether there is room for a 12th team on the grid may hinge on factors such as the Concorde Agreement and overall safety considerations.
Szafnauer’s interest in a potential F1 return underscores the dynamic landscape of the sport and the ongoing discussions surrounding team expansions.
