By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    Former Olympic cyclist Rohan Dennis avoids jail time in wife’s death – National
    Former Olympic cyclist Rohan Dennis avoids jail time in wife’s death – National
    May 15, 2025
    A Russian delegation has arrived in Istanbul for Ukraine talks. It doesn’t include Putin
    A Russian delegation has arrived in Istanbul for Ukraine talks. It doesn’t include Putin
    May 15, 2025
    Once ‘dead’ thrusters on the farthest spacecraft from Earth are in action again
    Once ‘dead’ thrusters on the farthest spacecraft from Earth are in action again
    May 15, 2025
    ‘Don’t know what to do’: Johor Bahru’s heritage businesses near RTS station grapple with rising rents, inflation
    ‘Don’t know what to do’: Johor Bahru’s heritage businesses near RTS station grapple with rising rents, inflation
    May 15, 2025
    Jurors view ‘Freak off’ images too graphic to be shown to public
    Jurors view ‘Freak off’ images too graphic to be shown to public
    May 15, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    Ukraine strategic Bitcoin reserve bill reportedly in final stages
    Ukraine strategic Bitcoin reserve bill reportedly in final stages
    May 15, 2025
    Senate removes Trump provisions in push to pass stablecoin bill
    Senate removes Trump provisions in push to pass stablecoin bill
    May 15, 2025
    MOODENG price drops 14% to alt=
    MOODENG price drops 14% to $0.2613 after 703% weekly rally
    May 15, 2025
    Bitwise CIO bats for diversified crypto investment, compares Bitcoin to Google
    Bitwise CIO bats for diversified crypto investment, compares Bitcoin to Google
    May 15, 2025
    The Role of Altcoins in 2025’s Crypto Market
    The Role of Altcoins in 2025’s Crypto Market
    May 15, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: F1 says no to Andretti but door open for 2028 with GM
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Sports News > F1 says no to Andretti but door open for 2028 with GM
F1 says no to Andretti but door open for 2028 with GM
Sports News

F1 says no to Andretti but door open for 2028 with GM

Published January 31, 2024
Share
5 Min Read
SHARE

LONDON : Formula One rejected on Wednesday a bid by U.S.-based Andretti to enter in 2025 or 2026, saying it doubted a proposed 11th team would be competitive or add value, but kept a door open for 2028 when General Motors could provide an engine.

The governing FIA last year approved the application, sending it on to Liberty Media-owned Formula One Management (FOM) for discussions, and the outcome left the regulator once again at odds with the commercial rights holder.

Existing teams had opposed expansion, arguing it would reduce their value after spending billions on the sport and also dilute the share of the revenues while giving an entry to Andretti on the cheap.

FOM concluded in a detailed statement setting out their reasoning that the application “should not be successful”.

“Our assessment process has established that the presence of an 11th team would not, on its own, provide value to the championship,” it explained.

“The most significant way in which a new entrant would bring value is by being competitive. We do not believe that the applicant would be a competitive participant.”

Formula One said it would look differently on an application for 2028 “either as a GM works team or as a GM customer team designing all allowable components in-house”.

“In this case there would be additional factors to consider in respect of the value that the applicant would bring to the championship, in particular in respect of bringing a prestigious new OEM (car maker) to the sport as a PU supplier.”

The sport said a 2025 entry would have involved “a novice entrant building two completely different cars in its first two years of existence”.

“The fact that the applicant proposes to do so gives us reason to question their understanding of the scope of the challenge involved,” Formula One added

The engine rules are changing significantly in 2026 and an Andretti entry would have relied on one of the existing manufacturers having to supply them until at least 2028.

General Motors has formally registered with the FIA to provide power units for the proposed U.S.-based team but only from 2028.

Formula One said the initial ‘dependency’ on a compulsory supply led it to believe the proposed team, who have already recruited staff and built a wind-tunnel model, would not be competitive.

NO MEETING

The statement said Formula One had written to Andretti last month with an invitation to a face-to-face meeting in London but the offer had not been taken up.

Michael Andretti is the son of 1978 world champion and F1 great Mario but Formula One felt the Americans had more to gain from an entry than the sport itself.

“While the Andretti name carries some recognition for F1 fans, our research indicates that F1 would bring value to the Andretti brand rather than the other way around,” it said.

It also argued that an 11th team would place an operational burden on race promoters and subject some of them to significant costs.

There was no immediate reaction from Andretti but some insiders were dismayed at the rejection of a big name in U.S. motorsport at a time when the sport is drawing new fans and expanding in the country.

“As a Formula One fan, as a commentator, I would love there to be an 11th and indeed a 12th team on the grid,” said former racer Martin Brundle, while also recognising the 10 teams’ position.

“F1 have clearly said today you’re not bringing enough to let us warrant an extra team on the grid.”

(This story has been refiled to fix a typo in paragraph 16)

#Andretti #door #open

TAGGED:AndrettiDoorOpen
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article CoinDesk Mothballs DESK Reward Token Program CoinDesk Mothballs DESK Reward Token Program
Next Article Pavel Grachev: Polyus, Detsky Mir and ESG practices – Insights Success Pavel Grachev: Polyus, Detsky Mir and ESG practices – Insights Success
- Advertisement -

Latest Post

Former Olympic cyclist Rohan Dennis avoids jail time in wife’s death – National
Former Olympic cyclist Rohan Dennis avoids jail time in wife’s death – National
World News
Ukraine strategic Bitcoin reserve bill reportedly in final stages
Ukraine strategic Bitcoin reserve bill reportedly in final stages
Cryptocurrency
A Russian delegation has arrived in Istanbul for Ukraine talks. It doesn’t include Putin
A Russian delegation has arrived in Istanbul for Ukraine talks. It doesn’t include Putin
World News
Senate removes Trump provisions in push to pass stablecoin bill
Senate removes Trump provisions in push to pass stablecoin bill
Cryptocurrency
Once ‘dead’ thrusters on the farthest spacecraft from Earth are in action again
Once ‘dead’ thrusters on the farthest spacecraft from Earth are in action again
World News
MOODENG price drops 14% to alt=
MOODENG price drops 14% to $0.2613 after 703% weekly rally
Cryptocurrency
- Advertisement -

You Might Also Like

Jets WR Garrett Wilson mum about apparent troll of Broncos HC Sean Payton
Sports News

Jets WR Garrett Wilson mum about apparent troll of Broncos HC Sean Payton

August 17, 2023
Norway’s Graham Hansen apologises for lashing out at coach
Sports News

Norway’s Graham Hansen apologises for lashing out at coach

July 26, 2023
With super conferences and CFP expansion on horizon, 2023 is the end of an era in college football
Sports News

With super conferences and CFP expansion on horizon, 2023 is the end of an era in college football

August 20, 2023
Browns K Cade York raises concerns with 2 missed game-winning FGs in preseason finale
Sports News

Browns K Cade York raises concerns with 2 missed game-winning FGs in preseason finale

August 18, 2023

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?