Andretti are one step closer to joining the F1 grid as their bid with General Motors brand Cadillac has been approved by the FIA; but F1’s owners still need to give the green light, so Andretti’s presence on the grid will not be announced yet
Andretti have been given the green light to enter Formula 1 by the FIA, but now await approval from F1’s owners.
In January, the FIA, the sport’s governing body, launched an application process for new teams to seek to join Formula 1 in 2025, 2026 – when new engine regulations take effect – or 2027.
The FIA and Liberty Media-owned Formula 1, who control the sport’s commercial rights, both have a say on the matter.
With the FIA accepting the application, Sky Sports understands that F1’s perspective on the matter will now be purely commercial and financial and they are expected to make their assessment on Andretti’s bid over a number of months.
Formula 1 currently has 10 teams and is limited to a maximum of 12 up to and including the 2025 season by the current Concorde Agreement, the document which binds the sport’s rules and governance together.
Former racing driver Michael Andretti is fronting a bid from his team, which races in other motorsport disciplines, in collaboration with General Motors brand Cadillac.
More to follow…
This is a breaking news story that is being updated and more details will be published shortly. Please refresh this page for the latest updates.
Sky Sports brings you live updates as they happen. Get breaking sports news, analysis, exclusive interviews, replays and highlights.
Sky Sports is your trusted source for breaking sports news headlines and live updates. Watch live coverage of your favourite sports: Football, F1, Boxing, Cricket, Golf, Tennis, Rugby League, Rugby Union, NFL, Darts, Netball and get the latest transfers news, results, scores and more.
Visit skysports.com or the Sky Sports App for all the breaking sports news headlines. You can receive push notifications from the Sky Sports app for the latest news from your favourite sports and you can also follow @SkySportsNews on Twitter to get the latest updates.
Source link
credite