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The FIA has officially launched an application process for new teams to join Formula 1 from 2025.
World motorsport's governing body says applications will be based upon "rigorous financial and technical analysis", and will also require illustrations of how prospective new teams would manage sustainability challenges and achieve a "positive societal impact" through participating.
Thursday's announcement comes amid an ongoing public discord between FIA president Mohammed Ben Sulayem and representatives of F1 teams over acceptable terms for the grid to be expanded.
An FIA statement said: "The FIA welcomes interest from entities with a serious intent to enter the FIA Formula One World Championship. The high level of interest from a number of potential candidates is further proof of the popularity and growth of the Championship.
"All applicants will undergo thorough due diligence. The assessment of each application will cover in particular the technical capabilities and resources of the applicant team, the ability of the team to raise and maintain sufficient funding to allow participation in the Championship at a competitive level and the team's experience and human resources."