In addition to being an all-American team, Andretti also wants to have an American driver in the racing seat.
Andretti Global has been eyeing an entry into Formula 1 since February last year, even discussing the possibility of entering the sport as an 11th team. Recently, FIA President Mohammed Ben Sulayem even revealed that he had asked his team to start looking for “expressions of interest” from potential new teams in a bid to expand the F1 grid.
In response to the FIA’s expressions of interest – Andretti Global with General Motors have announced their plans to enter Formula1 with an “all-American team”. The two companies have expressed their interest to join the sport under the name – Andretti Cadillac Team.
Micheal Andretti, Chairman & CEO of Andretti Global, stated that they were well suited to be a new team in Formula 1. Andretti is positive that they can combine their motorsport passion with that of GM & Cadillac to build a true American F1 bid.
As per reports, the potential Andretti-Cadillac F1 team would receive a power unit from another engine manufacturer. However, both Andretti & Cadillac are set to offer any & all technical support required. The team would operate out of Andretti Global’s headquarters in Fishers, Indiana, with operations due to start in 2025. There would also be a ‘satellite facility’ in Europe for the F1 team and Andretti’s other racing interests.
The process for a new team to join the F1 grid requires support from Formula 1 & all the current teams. However, only two teams till now have been publically supportive of their plans. A new team joining F1 is also required to pay a $200 million fee as a dilution fund.
In addition to being an all-American team, Andretti also wants to have an American driver in the racing seat. Andretti Autosport currently has under contract Colton Herta in IndyCar, and there is a good chance he might make his way into F1 if Andretti indeed makes it onto the F1 grid.
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