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Cricket prediction Cadillac will pay $ 450 million for the right to speak in Formula 1 (SpeedCafe)

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The introductory contribution of Cadillac to the F-1 will be $ 450 million. It is on this amount that the parties reported in the process of negotiations between Cadillac and Formula 1. It is expected that all the details of the agreement will be officially approved in the near future.
Earlier, when discussing the potential arrival of the new team in Formula 1, representatives of the teams already speaking in the championship predicted by cricket-predictions voiced the amount of $ 600 million at least-so that this could compensate for the so-called blurry of the prize fund from 10 to 11 participants.
In particular, the Executive Director of the Mercedes Toto Wolff expressed his disagreement with such an amount:
We will first lose (current participants F-1). After all, we do not yet know what size investments in F-1 from Cadillac are talking about. But the compensation fee, the size of which is currently $ 450 million is too small. This amount does not compensate other teams with direct losses in income from the appearance of the 11th team.
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