The FIA has approved Andretti's bid to become Formula 1's 11th team but the battle to reach the grid has only just begun.
The logo of Andretti Autosport on their factory.
That included finances to run a sustained high-level campaign as well as proving they could reach the sustainability and equality, diversity, and inclusion targets. Under the guise of asking what value would Andretti bring to Formula 1, Mercedes motorsport boss Toto Wolff has balked at the idea of another team joining the grid.
“We’re always open to the sport growing, but the truth behind it is the sport financially needs to become more and more successful,” he said. Under Formula 1’s latest Concorde Agreement, prize money is split between all the teams on the grid and not just the top ten as it was in yesteryear. Fred Vasseur agrees with his rival that money is at the heart of the debate as he doesn’t want to see the existing brands diluted especially as he feels they deserve reward for having survived the global economic crisis.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Andretti Cadillac 'honoured' to receive FIA approval as F1 application advancesAndretti have said the approval of the FIA for their application to join Formula 1 is an 'important moment of pride' for the team.
Read more »
FIA approves Andretti bid to become new F1 teamAndretti’s bid will now be considered by F1 itself, which must also give its approval before the team is admitted to the grid.
Read more »
FIA approves Andretti application for 11th F1 team slotThe FIA has given Andretti Formula Racing its green light to join the Formula 1 grid, subject to it reaching a commercial agreement with FOM.
Read more »
Breaking: Andretti receive official FIA approval in huge 11th F1 team milestoneAndretti have received the FIA's approval to join the F1 grid but will now have to convince FOM to also allow their entry.
Read more »
F1 news: Andretti application approved as Lewis Hamilton talks F1 'love-hate story'It is Qatar race week everyone! And we kick things off with another busy day full of talking points from the world of Formula 1.
Read more »
Andretti's F1 bid given FIA green light as new team one step closer to joining championshipAndretti have been given the green light to enter Formula 1 by the FIA, but now await approval from F1's owners.
Read more »