F1 rejects Andretti’s bid to bring a new US team to the grid by 2026 |  Formula One

F1 rejects Andretti’s bid to bring a new US team to the grid by 2026 | Formula One

Formula One has rejected the request of the Andretti team from the United States to join the sport before the year 2026. It issued a motion to dismiss but has left open the possibility of another application in 2028.

The team, run by the former F1 driver, Michael Andretti, together with his father, the 1978 F1 world champion, Mario, was approved by the sport’s governing body, the FIA, but was rejected by those with commercial rights, because of their beliefs. the group may not be competitive or add value to the competition.

The decision was expected but will be controversial, with widespread public support for Andretti to enter as F1’s 11th team. Their bids were made in conjunction with Cadillac, a manufacturer of General Motors.

In a lengthy statement released on Wednesday, F1 explained the reason for the rejection but also said that consideration will be given to another project for 2028, where the team would have the added weight of General Motors entering as an electric sponsor.

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    In October last year, after a long and thorough review, the FIA ​​gave Andretti permission to enter. However getting approval from F1 always poses a big challenge.

    There was opposition from the existing 10 teams, fearing that the 11th team would reduce their share of the game’s revenue without significantly raising funds. F1’s owners, Formula One Management, have made it clear that their concern was that a new entrant would not add value to the sport and prove uncompetitive, damaging F1’s reputation.

    They did their due diligence and decided that the risks involved in accepting new entrants were not outweighed by any additional benefits the group could bring.

    Their results included a study showing that Andretti, not F1, would benefit the most from their inclusion; it mentioned the cost to the promoters to be able to host the 11th team; the lack of information about any financial changes in the price of the commercial sector of the game and the difficulties faced by the new group using the customer’s electronic sector at a time that included a major change in the law in 2026.

    The uncertain end of F1 will be a big blow to the Andretti project that has already been used by employees and has been working on a car that can reach 60% in the windy road.

    Michael Andretti (left) is pictured at the 2023 Miami Grand Prix. Photo: Florent Gooden/DPPI/Shutterstock

    “Our analysis has shown that the existence of the 11th team will not benefit the Championship,” F1’s statement read. “The most important way that a new entrant can bring value is to be competitive. We do not believe that the applicant will be competitive.”

    Andretti has not commented on the decision and may take action, especially given the fact that the money was previously approved by the FIA ​​but rejected by F1.

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    When the FIA ​​called for new business premises in the sport it is understood that they did so without consulting F1. It was a move that deepened the strained relationship between the two organizations that will not be delayed because the president of the FIA, Mohammed Ben Sulayem, initiated the project and has been publicly in favor of giving place to the 11th group.

    The entry of the Andretti team was felt by the fans, especially in the US, to be credible and worthy and many criticized the F1 teams against accepting the new championship.

    Andretti’s team has been successful in other categories including four IndyCar races, six wins at the Indy 500 and the 2023 drivers’ title in Formula E. In October last year their bid was strongly supported by Lewis Hamilton and Max Verstappen.

    “It’s an opportunity to get more jobs, two more seats available for a female driver to go through,” Hamilton said. “It opens up a lot more opportunities and I think it’s going to be fun for the race,” Hamilton said.

    The association with Cadillac and General Motors also appears to be a strong selling point as is the Andretti name enjoyed in auto racing. In short, F1 was not confident that it would mean good for the sport.

    “While the Andretti name is familiar to F1 fans, our research shows that F1 would bring value to the Andretti brand rather than the other way around,” the statement read.

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