P1racenews AI automatic summary:
Failed bid for New Zealand F1 team that ‘reserved’ Chadwick seat
Rodin, a race car manufacturer based in New Zealand, has been rejected by the FIA as a bidder to enter Formula 1. It expects Andretti Global to be the only successful applicant. Rodin had applied to join F1 but has publicly revealed that it was turned down. They allege that Andretti Global, in partnership with General Motors and Cadillac, will be the only successful applicant. Rodin claims to have significant differences in their bid compared to Andretti, including a commitment to building cars in New Zealand and a guaranteed female driver, potentially Jamie Chadwick. Despite the rejection, Rodin believes it has a direct ladder to an F1 drive through its ownership of Carlin and claims to be financially equipped to fund an F1 program. In addition to Andretti and Rodin, other entities that have made bids or expressed interest in a new F1 team include Hitech, LKY Sunz, Panthera, and Formula Equal.
Source: The Race
