Andretti and GM develop a new strategy to enter Formula 1

Andretti and GM develop a new strategy to enter Formula 1

April 15, 2023;  Long Beach, California, USA;  Team owner Michael Andretti speaks to the media after Andretti Autosport driver Kyle Kirkwood (27) from the United States won first place during qualifying at Long Beach Street Circuit.  Mandatory credit: Gary A.  Vasquez-USA TODAY Sports

April 15, 2023; Long Beach, California, USA; Team owner Michael Andretti speaks to the media after Andretti Autosport driver Kyle Kirkwood (27) from the United States won first place during qualifying at Long Beach Street Circuit. Mandatory credit: Gary A. Vasquez-USA TODAY Sports

As negotiations with Formula One continue, Andretti and GM are continuing their efforts to join the grid.

At this point, Andretti’s efforts to join Formula 1 in 2025 are incredibly well documented. Across Formula 1 news platforms and across the paddock, the American group’s efforts to convince Liberty Media that it deserves a place on the grid are being closely followed.

However, these attempts have become particularly intense in the last month – after the FIA ​​approved their entry process. Of the many teams and applicants, only Andretti received the green light from the sport’s governing body.

This draws attention to Formula 1 and Liberty Media – who will discuss the financial permutations of the 11th team joining the grid.

Ever since Andretti announced his desire to join the sport, there has been clear opposition. Initially, they made a bid for Sauber, but a last-minute breakdown in negotiations led to the takeover falling apart. After that, the path to starting a team from scratch began.

The decisive step Andretti took was his agreement with General Motors, which committed to assist in development – ​​most notably in building the sidecars. For a team tasked with adding value to the sport, this deal was a major accomplishment.

Unfortunately for the ambitious Formula 1 team, this deal with a huge name like General Motors does not seem to have tipped the balance in their favor.

In October, it was reported that Formula One was in talks with General Motors about joining the grid with a team other than Andretti. This is clearly a problem.

The first, and perhaps most obvious, issue is the attempt to confront Andretti and undermine their efforts to join the sport. Perhaps most importantly, these talks demonstrate that Formula 1 sees GM as a valuable asset to the grid.

Therefore, this makes criticisms of the Andretti deal more difficult to take seriously from a sporting perspective. As has been the case for some time, the main problem is financial – with FOM unwilling to take risks that could lead to a loss of profits.

GM and Andretti meet with Liberty Media

Of course, an eleventh team would not bankrupt the sport. Formula 1 is recording record levels of revenue. However, this success creates an environment that seems more than happy to maintain the status quo.

According to the Associated Press, GM and Andretti will take advantage of the Las Vegas GP to speak with Liberty Media.

It is crucial that their conversations include other senior figures in the company – rather than just Domenicali. Perhaps this could provide US applicants with a better opportunity to present their case. After all, this latest report claims that the F1 CEO is not responding to Andretti’s communications.

Many obstacles still stand in the way of expanding the Formula 1 grid to 11 teams. There are big contradictions between Andretti, Formula 1 and the FIA. These matters must be resolved in order to reach an agreement.

Over the next few months, this story will develop and perhaps come to a close.

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