P1racenews AI automatic summary:
Exclusive: Steiner tells Andretti where it went wrong with F1 entry bid
Guenther Steiner believes Andretti made a mistake in their approach to secure backing for the F1 entry bid after it got rejected. Steiner ensured private agreements with teams before going public, contrasting Andretti’s attempt to gather signatures from team bosses at the 2022 Miami Grand Prix. FOM rejected Andretti’s bid, citing concerns about dividing the prize money pot among 11 instead of 10 teams. Despite the rejection, there’s still a chance for Andretti to be reconsidered if GM provides a power unit for 2028 as requested by FOM. Steiner highlighted the importance of making deals first and then going public, emphasizing the need for a strategic approach in the F1 entry process. Red Bull and Audi were cited as examples of proactive planning for F1 entry bids, raising questions about GM’s current status in the bidding process.
