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Alpine’s Interim Team Principal Bruno Famin has said that as of right now the team has “absolutely no contract with
Michael Andretti’s proposal to enter his own Formula 1 team with support from General Motors/Cadillac has received approval from FIA. Whether the entry will be accepted into F1 depends on a commercial agreement with Formula One Management. McLaren and Alpine previously expressed support for Andretti’s bid, with Alpine even brokering an engine deal if the team joins as an 11th team. However, the terms of agreement for the engine deal have expired and negotiations for a new contract would be needed. Alpine’s support for an 11th team joining the grid depends on whether it brings real added value to the business and F1 as a whole, without diluting the value of existing teams. Andretti aims to benefit customers and increase global enthusiasm for F1, and there are reports that Cadillac and GM may develop their own power unit if the team enters F1. Red Bull’s Christian Horner believes Andretti should have its own engine. If Andretti secures its place on the F1 grid, talks with Alpine over an engine deal will likely resume, as Alpine currently supplies only its own entry.
Source: Motorsport Week