From their perspective, an American team is already on the grid and has already failed to deliver a significant impact to their bottom line American expansion for the sport has come due to successful new races and a successful Netflix documentary, not the existence of Haas F1. By going from a private team to one aligned with a factory, it radically alters both the on-track expectations and the business case for an Andretti Global entry in the series.į1 teams, however, still see an 11th team slicing into their existing revenue sharing agreements. With Cadillac's branding actually going on the cars, this level of American involvement is unprecedented. For the FIA, bringing any level of support from a major American manufacturer into the sport is a coup that has not been seen in decades.
Any new entrant request requires the agreement of both F1 and the FIA"Īlthough FIA approval is still not a certainty, the difference in language between answers from the FIA and F1 itself speaks to the differences in what Andretti will need to bring to the table for both parties. 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 the relevant stakeholders. Formula 1 itself, though, has poured its own cold water on the situation with a statement it released yesterday: "There is great interest in the F1 project at this time, with a number of conversations continuing that are not as visible as others. That has changed quickly, with the FIA finally announcing an official process to consider new team proposals for the series earlier this week and the bombshell announcement that Cadillac had joined the proposal alongside Andretti just yesterday. This time last week, Andretti Global seemed more like an optimistic pitch than a realistic Formula 1 team proposal.
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