P1racenews AI automatic summary:
Andretti Global is still ramping up preparations for a Formula 1 team despite having its General Motors-backed bid rejected earlier this year, with the formal unveiling of a new Silverstone base
Andretti Global is continuing preparations for a Formula 1 team, despite their GM-backed bid being turned down earlier this year. The team received the initial green light from the FIA, only to be rejected by F1’s commercial rights holder, FOM, due to concerns about competitiveness. Andretti strongly disagrees with F1’s decision and has opened a new facility in Silverstone, UK to further their F1 entry preparations. The new facility will complement their existing sites in Indiana and Banbury, housing manufacturing and research facilities. Led by Nick Chester, the team aims to enter F1 with Cadillac support, targeting a 2026 entry with Renault power. Andretti emphasizes the importance of their partnership with General Motors and their commitment to building a competitive team.
