Red Bull team principal Christian Horner has said that the $200 million fee new entrants must pay to get into Formula 1 may need to be increased. It is possible that, by 2026, there may be 12 teams on the grid for the first time since 2012 depending on the progress of Michael Andretti’s bid to enter a team in 2024 and the culmination of the efforts from Porsche and Audi to enter the sport by 2026. Andretti Global have made no secret of the fact that they want to be in Formula 1 the year after next, while Porsche and Audi – despite recent reports – may still have the option available to them to make a brand-new team instead of investing in existing ones. READ: Red Bull to develop even...
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