Formula 1 Racing

Why $200m won’t convince teams on Andretti’s Formula 1 plans

Luke Smith

Record TV figures, a sell-out crowd and an influx of star power helped make it one of F1’s biggest events to date, further laying the foundations for the expansion to three American races next year once Las Vegas joins the calendar.

But for Michael Andretti, more needs to be done to grow American interest in F1 by getting a team and a driver on the grid. Since his father, 1978 world champion Mario, revealed plans back in February, Andretti has been working to secure an F1 entry from 2024 and establish a new operation after his bid to take over Sauber last year fell through at the 11th hour.

Andretti was on the ground in Miami for a series of meetings to discuss his plans with team bosses, F1 officials and FIA president Mohammed Ben Sulayem. Yet the response from the wider paddock has remained lukewarm at best.

“There are millions of people embracing it,” Andretti said. “It’s just not the right people at the moment.”

None of F1’s existing players would deny that having a second American team – after Haas, which has rarely leaned on its national identity – would be a huge coup for the grid, particularly given the reputation and scale of the existing Andretti operation. The family marque has involvement in IndyCar, Indy Lights, Formula E – its deal with Porsche was announced on Friday – plus Extreme E and Supercars already, knowing what it takes to be both successful and sustainable.

“The Andretti name has a huge history in Formula 1 and in various forms of motorsport, and I think would add a lot of value,” said McLaren boss Zak Brown, who co-owns the Walkinshaw Andretti United team in Supercars. “A very credible racing team with a credible brand, with the right resources, I think is additive to the sport.”

An entry from Andretti would be no repeat of the Caterham, HRT or Marussia efforts in the early 2010s that all folded within a few years. But as much as Andretti’s interest points to F1’s current strength, it is for that…

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