P1racenews AI automatic summary:
The governing body has responded to Formula 1’s rejection of Andretti to join the grid.
Following commercial talks between the FIA and Formula 1, the FIA has responded to Formula 1’s rejection of Andretti’s bid to join the grid. The FIA statement noted that they are engaging in dialogue to determine the next steps. Andretti had received approval from the FIA in October last year after meeting all the required criteria. However, after months of investigation, F1 stated that they rejected Andretti’s bid as they believed it would not provide value to the championship or be competitive. Andretti Global and Mario Andretti have issued statements expressing their disagreement with F1’s decision, stating that they have made significant progress in developing a highly competitive car and power unit. Andretti now has approval from the FIA but no commercial agreement with F1.
