Cadillac Will Pay $450 Million Anti-Dilution Fee to Join Formula 1
Formula 1 announced ahead of the Australian Grand Prix that all teams have signed the 2026 Concorde Commercial Agreement, securing the long-term economic state of the championship, and in a statement outlined that 'Formula 1 has never been in a stronger position—and all stakeholders have seen positive benefits and significant growth.'
It means that the teams now just have to reach a governance agreement with the FIA, a process which is typically straightforward.
As part of the agreement, the anti-dilution fee for Cadillac has been set at $450 million, which will be distributed evenly between the other 10 Formula 1 teams ($45 million each), as part of the compensation for future prize money and revenue being split 11 rather than 10 ways.
The Haas F1 Team, which joined Formula 1 for the 2016 season, did not pay an anti-dilution fee. Haas did not add a team to the grid, rather it replaced the outgoing Marussia franchise.
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2 hours ago
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