P1racenews AI automatic summary:
Williams against Andretti entry but would welcome General Motors into F1
The FIA has approved Andretti’s bid to form a new team, but they now need approval from the series rights holder, FOM, which is raising concerns among the existing teams who fear the potential destabilizing effect and reduction in their commercial income. Williams team principal Vowles strongly opposes the expansion of the grid until all competitors are financially stable, citing the current financial losses and the need to invest in the sport to improve. He also mentions that not just Williams, but about half the grid is not financially stable. Despite the opposition to a new team, Vowles welcomes an OEM like General Motors with open arms and hopes to forge a relationship with them if things don’t work out. However, he clarifies that Williams is not actively seeking any collaboration with General Motors at the moment.
Source: motorsport
