P1racenews AI automatic summary:
The FIA has made a statement in response to Formula One Management (FOM) officially rejecting Andretti’s proposed entry as an
On Wednesday, FOM announced that they have rejected the Andretti bid for entry into the Formula One World Championship in 2025. They cited reasons such as a lack of competitiveness, works engine supply, and value to the series for barring their entry. However, they did leave the possibility open for Andretti to enter in 2028 if a works engine deal with Cadillac could be finalized. The FIA, the motorsport governing body, confirmed that they are engaging in dialogue to determine the next steps following FOM’s announcement. Andretti was the only party to pass muster in the tender process for potential new F1 teams, which was opened by the FIA in February 2023. The power struggle between the FIA and FOM, as well as the discussions for F1’s next Concorde agreement, have added complexity to the situation, making the FIA’s engagement in dialogue with Andretti a matter of extreme interest for all parties involved.
