P1racenews AI automatic summary:
Andretti has been locked into commercial talks with F1 since the FIA granted approval for its entry bid last year.
Andretti’s bid to join the Formula 1 grid has been rejected after commercial discussions. Despite being the only team to pass the application process, some F1 teams were unhappy with the idea of dividing the revenue 11 ways instead of 10. F1 stated that Andretti’s bid did not meet the criteria for an entry slot, but they left the door open for a potential 2028 entry. Concerns were raised about building a car to one set of regulations for 2025 and then again for the 2026 overhaul. F1 suggested that taking a power unit supply for its first seasons would damage the prestige of the championship, but they expressed interest in an application for 2028 with a GM power unit.
