The arrival of Cadillac as Formula 1's 11th team in 2026 must be met with adequate compensation for dilution in prize money earnings for the existing squads, says Williams boss James Vowles.
F1's Concorde Agreement, which defines the prize money columns in F1, sets out an anti-dilution fee that any accepted new teams must pay to offset any loss in earnings. The current agreement puts this value at $200 million, although this expires at the end of 2025.
