Image source: Racer
P1racenews AI automatic summary:
FIA approves ‘Andretti Formula Racing’ F1 application
The FIA has officially approved Andretti’s application to join the Formula 1 grid. They are the only team that can now proceed to negotiations with Formula One Management. The FIA received initial documentation from multiple teams, but only four were approved to advance to Phase 2 of the process. Andretti Formula Racing LLC was the only one that met the criteria set by the governing body. They will now enter Phase 3 and discuss commercial terms with FOM. Formula 1 will conduct their own assessment of Andretti’s application following the FIA’s decision.
Source: Racer
