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Andretti says its team ‘will heighten F1 globally’
The FIA announced that Andretti Formula Racing is the only applicant to meet their criteria for a potential new team in Formula 1. Andretti’s bid has been accepted, allowing them to enter into commercial discussions with Liberty Media, the owner of Formula 1. However, it is important to note that Formula 1 is not obligated to approve Andretti’s entry despite the FIA’s approval. No specific timeline has been provided for the commercial discussions. Andretti Cadillac expressed their gratitude for the FIA’s approval and stated that they are excited to compete in such a prestigious championship, with plans to join the grid as soon as possible.
Source: Motorsport Week
