FIA expected to grant Andretti F1 licence - but will Liberty Media and the teams agree?
According to a r💮eport in German publication , the FIA will give their blessing to Andretti for them to join the grid for as early as 2025.
The American outfi⛎t have been vocal in their interest in ꦚjoining F1 since last year, however, it’s been met by a lot of backlash.
F1 and the teams are concerned that an 11th team would “dilute” the sport or cost the existing con✅structors cruci🗹al prize money.
However, due to an EU sports law♔ regarding participation in motorsport events, F1 might find it difficult to find enough reasons to reject Andretti.
☂The majority of t🌱he parties against Andretti from joining F1 are linked to financial reasons rather than the benefit of the sport.
Given Andretti’s rich motorsport hist♏ory and engine partner General Motors, 🔥there’s few grounds for F1 to reject them, particularly as they’ve progressed through the FIA’s stringent process.
Another factor is the dilution fee which curren🤡💜tly sits at $200 million.
As part o🤡f a new Concorde Agreement, teams are wanting to push that up to $600 million to put off interested pa🦩rties in signing up.
Andretti’s rebrand
Another♔ hint that Andretti are set to join F1 is their re﷽cent rebrand.
They’ve changed their name from Andretti Autosport to Andretti Global - a strong hint they plan to race worldwide, rather than just in the Uni🌌ted States.
“I’m proud of what Andretti Autosport has accomplished 🅰over the years, and all the memories that have come with so many special moments," said Michael Andretti, ꧟Chairman and CEO of Andretti Global.
“Just as proud as I am of our past, I’m equally excited about our future. As we continue to expand and build a global racing institutio🎶n, our goal is to be engrained in the culture of our fans, t🦂eams and partners.
“This rebrand is a major milestone in our teaꦆm’s journey, but we areꩵ only getting started.
“We are determined to🥃 achieve success and confident that thꦐere are big things in store for Andretti Global."
With a sharp eye for F1’s controversies and storyline🌃s, Connor is the heartbeat of our unbiased reporting.
