“One of the big things was ‘What does Andretti bring to the party?’” Andretti said. We want to make this an all-American effort to make sure we have an American driver in the seat.”Īndretti said in Thursday’s announcement - the culmination of four months of negotiations with General Motors - that the American automaker provides the Andretti effort the additional value rival teams have argued new teams must bring to F1. “Colton we have under contract right now in Ind圜ar.
I think you all know who is leading the pack on that one,” Andretti said. “We definitely have a plan to have an American driver. The team would be centered around driver Colton Herta, a Californian who in October signed an extension through 2027 with Andretti that runs concurrently with Indiana-based sponsor Gainbridge.
On Monday, FIA president Mohammed Ben Sulayem tweeted he has asked his FIA team “to look at launching an Expressions of Interest process for prospective new teams for the FIA F1 World Championship.” It was the first public indicator that F1 might be willing to welcome an 11th team. His petition to expand the grid has been met by fierce resistance from existing F1 teams who have argued an 11th team will dramatically dilute their revenues.Īndretti has continued to move forward with his desire - he’s got financial backing to buy into F1, a deep-pocketed sponsor in Gainbridge, a new shop being built in Indiana, and now an engine and manufacturer partner in General Motors, one of the largest automakers in the world. General Motors will attempt to enter Formula One by partnering with Andretti Global under its Cadillac banner as it supports Michael Andretti’s bid to launch a two-car American team.Īndretti has been lobbying the FIA, the governing body for F1, to expand the 20-car grid and join the series after a failed 2021 attempt to purchase Sauber.
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