Formula 1 Racing

Andretti-Cadillac announcement gets a cooler reception from F1 than FIA · RaceFans

Andretti-Cadillac announcement gets a cooler reception from F1 than FIA · RaceFans

Just three days after FIA president Mohammed Ben Sulayem announced he planned to invite new teams to enter Formula 1, Andretti and Cadillac went public with their plans to join the championship.

Ben Sulayem was quick to welcome them, saying he was especially pleased by the expression of interest from two such well-known names.

“Today’s news from the United States is further proof of the popularity and growth of the FIA Formula One World Championship under the FIA’s stewardship,” he enthused. “It is particularly pleasing to have interest from two iconic brands such as General Motors Cadillac and Andretti Global.

“Any additional entries would build on the positive acceptance of the FIA’s 2026 PU regulations among OEMs which has already attracted an entry from Audi.”

Report: Andretti and Cadillac announce plans to enter Formula 1

But while Ben Sulayem was quick to claim credit for the interest on the behalf of the governing body, the reaction from the commercial rights holder was decidedly cooler. A spokesperson noted other potential new entrants have been in discussions with the series.

“There is great interest in the F1 project at this time with a number of conversations continuing that are not as visible as others,” they said.

“We all want to ensure the championship remains credible and stable and any new entrant request will be assessed on criteria to meet those objectives by all the relevant stakeholders.”

Advert | Become a RaceFans supporter and go ad-free

“Any new entrant request requires the agreement of both F1 and the FIA,” the spokesperson added.

Feature: What happened to the last 10 new teams to enter Formula 1?

Andretti previously made attempts to take over existing teams. However it came up short in its pursuit of Force India in 2018, which was purchased by Lawrence Stroll and turned into Aston Martin, and Sauber in 2021, as it was unable to reach a satisfactory agreement.

Since then Michael Andretti’s operation has focused its energies on entering as a new team. However the existing competitors fear the expansion of the grid may dilute the value of the existing competitors. For this reason F1 introduced a rule requiring new teams to pay a $200 million “anti-dilution” charge on entering in 2021. Nonetheless, many team bosses reacted cautiously to the possibility of Andretti joining the grid.

F1 CEO Stefano Domenicali has consistently indicated he has little appetite to expand the grid. He reiterated this view as recently…

Click Here to Read the Full Original Article at RaceFans…