The American group Andretti Global seems to have all the cards in hand to found an 11th Formula 1 team. However, the FIA has not yet given its approval. Here is the underside of the project.
Michael Andrettison of the motorsport legend, now has all the cards in hand to found his Formula 1 team. All that’s missing is the stamp of the SON, to validate the project before next month. Otherwise what, it will be impossible for the American firm to enter Formula 1 in 2024.
Andretti Global says he is ready to take his $200 million entry ticket to access the queen discipline of motorsport. Michael Andretti has all the necessary resources to found an eleventh team on the current F1 board. However, it is imperative for him that the FIA quickly consider the projectat the risk that the American project does not collapse, he entrusted to the microphone of Motorsport.com :
« We have to hurry because time is running out for us to be there in 2024. We need to know within a month. I am very enthusiastic about this. I have wanted to do this for a long time. I think it’s great for our brand and would put us on another level. It would raise our general level, including in IndyCar. I’m in the racing business and I want us to always do better. »
Mario Andretti’s son notably mentioned his intention to take with him, in this project, a american pilot driving for the brand in Indycar. The lucky winner seems to be Colton Herta. The American firm places a lot of hope on him. The objective, according to them, would be to relaunch Formula 1 in the USA by offering them a new national champion, like Max Verstappen with the Netherlands.
All the details that represent the foundation of the project of this new team entering Formula 1 seems to be solid. To the point of making the founder of this project very enthusiastic:
“My financial backers are great, they’re there to be competitive, not just to say they’re in Formula 1. They’re sports people, they’ve made franchises competitive that weren’t, so they know how. do that stuff. So it would be a shame if we couldn’t. It will be a good thing for everyone. »
The trail of motor was also mentioned by Mario Andretti himself at the microphone of David Land. The American group does not want to produce its own engine but rather buy one from a manufacturer. It would be the engine of the French firm, Renault :
“We are not newbies. We know the prerequisites required. A lot of work has already been done. We already know where our UK facility will be based. We have a formal agreement with our engine manufacturer. It will be Renault and I can tell you now. »
The French group could therefore see itself powered by another team than its own, since McLaren in 2020 and the end of their agreement.
Photo : Icon Sport
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