P1racenews AI automatic summary:
Andretti Global is pressing ahead with its ambitions to enter Formula 1 in the future with the announcement that a
The FIA initiated an Expression of Interest process more than 12 months ago to seek out potential new F1 teams, with Andretti’s submission being the only proposal accepted. Unfortunately, Andretti did not receive approval from Formula One Management (FOM) to join the grid in either 2025 or 2026, raising doubts about its competitiveness as a new entrant. FOM did express willingness to review Andretti’s application in 2028, provided General Motors commits as an engine supplier. Prior to this setback, Andretti had been actively preparing for its F1 venture, with plans including hiring ex-Renault engineer Nick Chester as Technical Director and setting up a base in Silverstone for chassis model testing in mid-2024. Andretti has now progressed to the next phase by establishing a new 48,000-square-foot facility at Silverstone, aimed at expanding its operational capacity with manufacturer facilities and office spaces. This new headquarters will complement Andretti’s existing sites in the United States and Banbury, enabling collaboration and attracting top F1 talent, according to the team. Andretti remains committed to its F1 project, emphasizing the continued momentum and capability to deploy cutting-edge technology with the establishment of a European base.
