P1racenews AI automatic summary:
Formula 1’s decision is in – Andretti does not have approval to join the grid in 2025 or 2026. Here are the reasons behind the outcome.
After months of deliberation, Formula One Management (FOM) has rejected Andretti Global’s application to join the grid for the 2025 or 2026 season. This decision is a disappointment for Andretti, who had made significant efforts to be taken seriously as an F1 team. Existing F1 teams expressed concerns about adding an 11th team, fearing it would decrease the end-of-year prize fund. F1 emphasized that a new team would add value if it could compete for podiums and race wins. Andretti’s entry was backed by General Motors (GM), who are registered as a Power Unit manufacturer for the 2028 campaign. GM’s involvement has caught FOM’s interest, but there are potential barriers, including the anti-dilution fee and the necessity of competitiveness.
