Andretti Autosport have teamed up with General Motors to launch a bid to realize entry into Formula 1.
The two American automotive and motorsport giants have joined forces and with GM represented by the Cadillac model, the Andretti Cadillac group could be fashioned – primarily based within the USA with a assist facility within the UK.
The announcement comes after FIA president Mohammed Ben Sulayem revealed the FIA are wanting into the prospect of accelerating the variety of groups in Formula 1 past the present tally of 10.
Andretti’s press launch added that the potential group will submit a proper “Expression of Interest” as soon as the FIA open their course of, whereas the group would compete with at the very least one American driver. Colton Herta, one in all Andretti’s IndyCar driver who missed out on an F1 seat this 12 months attributable to not having the requisite superlicence factors, could be the frontrunner.
Michael Andretti, chairman and CEO of Andretti Global and son of 1978 F1 world champion Mario Andretti, mentioned: “I feel that we are well suited to be a new team for Formula One and can bring value to the series and our partners, and excitement for the fans.
“I’m proud to have GM and Cadillac alongside us as we pursue this goal. GM and Andretti share a legacy born out of the love of racing. We now have the opportunity to combine our motorsport passions and dedication to innovation to build a true American F1 bid.
“Together, we will continue to follow procedures and steps put forth by the FIA during the evaluation process. In the meantime, we continue to optimistically prepare should we be fortunate enough to have Andretti Cadillac formally approved as a Formula One contender.”
F1 is rising in recognition worldwide as illustrated by the report 24-race calendar this 12 months – together with three races within the United States for the primary time as Las Vegas joins Austin and Miami – and that progress has triggered curiosity from afar to affix the present 10-team grid.
Ben Sulayem, who took over as FIA boss originally of final 12 months, has opened the door for events to disclose their curiosity.
The 61-year-old tweeted after Andretti’s announcement: “I welcome the news of the Cadillac and Andretti partnership and the FIA looks forward to further discussions on the FIA F1 World Championship Expressions of Interest process.”
In a press release in response to the information, F1 mentioned: “There is great interest in the F1 project at this time with a number of conversations continuing that are not as visible as others.
“We all want to ensure the championship remains credible and stable and any new entrant request will be assessed on criteria to meet those objectives by all the relevant stakeholders.
“Any new entrant request requires the agreement of both F1 and the FIA.”
Audi have introduced their entry into Formula 1 from 2026 when new laws come into drive, although they’re successfully taking the place of Sauber/Alfa Romeo on the grid.
Porsche had been equally wanting right into a take care of present world champions Red Bull however talks broke down final summer season.
The 2023 season, which at present has a mid-April slot to fill because of the Chinese Grand Prix’s cancellation, begins in Bahrain on March 5.