P1racenews AI automatic summary:
Renault says it will resume talks with Andretti Global and General Motors regarding a technical partnership if the team is granted an entry into Formula 1. The FIA approved Andretti Global’s applic…
Renault has stated that it will recommence discussions with Andretti Global and General Motors regarding a technical partnership if Andretti is granted entry into Formula 1. Andretti Global’s application was approved by the FIA in October, and General Motors confirmed its intention to become a power unit supplier in F1 from 2028. Although Andretti does not have an agreement in place with Formula One Management, the team aims to be on the grid in either 2025 or 2026, necessitating a power unit supply deal. Alpine Motorsports VP Bruno Famin says they are still open to talks with Andretti and GM if they secure an entry, provided it brings added value to Formula 1 without diluting the championship’s worth. The decision on Andretti’s entry bid lies with FOM, with no specific timeline given, and the anti-dilution fee could be reviewed during discussions for the new Concorde Agreement. Andretti will need to comply with FIA Financial Regulations from this week onwards in order to meet its goal of racing in 2025.
