The budget limit and a technical regulation with more standardized parts and less complex power units are the pillars on which it is based Liberty Media, owner of the F1, to grow the category grid. It aims not only to seduce new builders, but also teams that have the ambition to be at the pinnacle of motorsport. This is the case of Monaco F1 Racing Team.
This team is owned by Salvatore gandolfo, who presented his candidacy for the 2022 season unofficially. The Italian businessman thus tries to take revenge on the project presented in 2019 that aimed to Campos Racing from Spanish Adrian Campos was part of the Maximum from 2021.
Unlike what happened a few years ago, Gandolfo would get a slice of the pandemic in coronavirus. Is that to encourage other structures F.1 evaluates do not charge the registration fee of 200 million dollars.
"The current project of the Monaco F1 Racing Team was the first that had an interest in reaching Formula 1 with the new regulations, which at that time were going to take effect in 2021", Gandolfo commented on his first attempt to be part of F.1.
“We believe that Stefano Domenicali's statements, which suggest that the entry fee for new teams may not apply, represent a step in the right direction. We appreciate the open attitude of both Stefano and the FIA and we are ready to take the necessary steps to make our request come true. ", finished the businessman.
Gandolfo is the CEO Monaco Increase Management, a company that is dedicated to representing pilots. Among those that have their services, Spanish stands out Alex Palau and the German Pascal Wehrlein.