P1racenews AI automatic summary:
Why Andretti F1 hopes are not over, even if FOM says no
to be open for new teams and is willing to negotiate on the conditions for entry, there is still hope for Andretti to join the grid in the future. The expiration of the current Concorde Agreement in 2025 provides an opportunity for changes to be made, including potential adjustments to the requirements for new teams. However, it is uncertain whether FOM, the governing body of F1, is eager to welcome an 11th team at this time. FOM is currently conducting a cost-benefit analysis to assess the impact of having an extra team on the championship. The concerns include the financial implications for existing teams and the need for additional facilities at circuits. The final decision on Andretti’s entry into F1 will likely be made in early next year based on FOM’s evaluation and priorities. Regardless of the outcome, Andretti will continue its efforts, including assembling staff and working on car design, as they remain committed to entering the series.
Source: motorsport
