In a groundbreaking development for the world of Formula One, the FIA has officially given its stamp of approval to Michael Andretti’s ambitious project – introducing Andretti Cadillac as the 11th team on the Formula One grid. This pivotal decision catapults Andretti Formula Racing LLC into the next phase of the application process, potentially heralding a transformative era in F1 racing.
- Michael Andretti’s Andretti Formula Racing LLC has received the FIA’s blessing to advance to the next stage of the application process. This move hints at an exciting expansion of the F1 grid with the inclusion of an American team operating under the prestigious Cadillac brand.
- While the FIA’s approval is a significant milestone, the final green light hinges on successful commercial negotiations with Formula One Management and compliance with EU directives related to motorsport participation and development.
- Notably, Renault-owned Alpine has expressed a keen interest in supplying engines to Andretti Cadillac should the team secure the ultimate approval. Furthermore, with plans to invest in at least one U.S. driver, the addition of Andretti Cadillac promises to make a substantial impact on the grid, even though existing teams have voiced skepticism regarding grid expansion and the associated $200-million entry fee.
This journey began in February when the FIA initiated its formal application process to identify new teams willing to join the Formula One grid in 2025, 2026, or 2027. FIA President Mohammed Ben Sulayem underscored the significance of the decision, stating that it aligns with EU directives concerning motorsport participation and development. He commended Michael Andretti and his team for their comprehensive submission, highlighting that “Andretti Formula Racing LLC was the only entity that fulfills the selection criteria in all material respects.”
“The FIA is obliged to approve applications that comply with the Expressions of Interests application requirements and we have adhered to that procedure in deciding that Andretti Formula Racing LLC’s application would proceed to the next stage of the application process.”
Backing Andretti in this endeavor are Andretti Global and General Motors, who, back in January, announced their intention to compete under the Cadillac brand. They’ve also pledged to include at least one U.S. driver, offering the prospect of infusing American influence and participation into the world of Formula One. Simultaneously, Liberty Media-owned Formula One will conduct an independent assessment, adding an extra layer of scrutiny to the application.
However, it’s important to note that this forward momentum doesn’t come without its share of challenges. Existing Formula One teams have displayed a measured enthusiasm for expanding the grid, raising concerns about potential dilution of revenue shares. They’ve also questioned the adequacy of the current $200-million entry fee, which, if approved, would be distributed among the existing teams as compensation.