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New F1 teams: The FIA's strict requirements to join the grid

The FIA's formal application process for potential candidates to join Formula 1 is a two-part affair that will filter out the weak hands and strain even the most-well funded propositions. The sport's governing body has formalised the procedure and steps that anyone who is serious about joining the grid will need to address. The selective criteria to become a member of motorsport's elite covers a team's funding and resources, experience and technical capabilities, its comprehensive sustainability plan and societal benefits as well as the personal track record of its mangers and shareholders. In short, the FIA has put in place a massive barrier of entry to ensure that no entity that...
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