Haas remains only new team for 2016

The FIA have confirmed that Haas F1 will be the only new team on next year's grid after two applicants failed to meet the criteria.

With Haas joining the grid next season, the FIA had hoped to add another team to the line-up thus bringing the number of cars up to 24.

Two outfits did enter the tender process, however, motorsport's governing body has rejected both.

"We can confirm that the FIA received two candidate Formula 1 team applications for vacant grid slots," said an FIA spokesman.

"We subsequently put these through our comprehensive diligence processes.

"Unfortunately none of the applicants were able to meet the FIA's criteria for new teams despite being granted every opportunity of doing so, and we now consider this round of applications to be closed."