P1racenews AI automatic summary:
Andretti is continuing to ramp up preparations for its prospective entry into Formula 1 with hires from several incumbent teams,
The FIA confirmed last year that it approved Andretti’s bid to join Formula One, but the bid is still under review by Formula One Management. Chester was appointed to oversee the project and has assembled a team that includes former Renault employees and individuals with extensive F1 experience. Andretti’s base is in Silverstone, with 120 people on board, and they plan to test a prototype F1 chassis in Toyota’s wind tunnel in mid-2024. Chester states that it has been relatively easy to attract personnel from top teams due to the allure of a new challenge and the potential to shape departments. The existing teams have opposed Andretti’s entry due to concerns about the prize pot being diluted, despite the promise of General Motors becoming a new power unit manufacturer in 2028. However, Chester emphasizes the importance of GM’s involvement, as they have already contributed a significant number of people to the project.
