Formula One Management has dashed Andretti’s hopes of securing a Formula 1 entry, stating it has rejected the American team’s 2025 bid.
Andretti have been denied entry into Formula 1 in both 2025 and 2026, after Formula One Management rejected the bid.
The American side headed up by ex – McLaren driver Michael Andretti and his father Mario, who was World Champion in 1978, made it successfully through the first two application stages headed up by the FIA, the governing body of F1, in October. However the application was passed onto FOM who have the final say in the matter and the Andretti entry was rejected.
Andretti’s bid was in conjunction with Cadillac, owned by US car empire General Motors.
A statement by F1 states that they believe the inclusion of Andretti wouldn’t increase the value of F1:
“Our assessment process has established that the presence of an 11th team would not, on its own, provide value to the championship. The most significant way in which a new entrant would bring value is by being competitive. We do not believe that the applicant would be a competitive participant.”
“The addition of an 11th team would place an operational burden on race promoters, would subject some of them to significant costs, and would reduce the technical, operational and commercial spaces of the other competitors,” it added.
“We were not able to identify any material expected positive effect on CRH financial results, as a key indicator of the pure commercial value of the Championship.”
Also, F1 have backed up their argument by explaining that Andretti would be required to take customer power units from 2025 or 2026. This deal could be forced on the current manufacturers, and F1 felt that this wasn’t good for the Championship. However, they have stated that if Andretti could get the partnership with Cadillac and General Motors up and running, F1’s feelings may change:
“We would look differently on an application for the entry of a team into the 2028 Championship with a GM power unit, either as a GM works team or as a GM customer team designing all allowable components in-house.
“In this case there would be additional factors to consider in respect of the value that the Applicant would bring to the Championship, in particular in respect of bringing a prestigious new OEM to the sport as a PU supplier.”
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FEATURE IMAGE BY Gregg Feistman / Motorsport Images