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Williams outlines its ‘very strong’ opposition to Andretti
Williams has expressed its opposition to Andretti-Cadillac becoming the 11th team in Formula 1, citing concerns over the financial stability of the current grid. Despite the perception of F1 as a lucrative business, Williams states that it still relies on cash injections from its owners and expects its losses to increase significantly in 2023. The team argues that adding another team would disrupt its path to achieving financial stability after years of struggling due to poor performance. Williams believes that about half of the grid faces similar financial challenges. While efforts have been made to distribute revenues more equitably and establish cost caps, there are still disparities within the sport.
Source: The Race
