![]() The FIA started a formal application process in February, seeking to identify one or more new teams interested in joining in 2025, 2026 or 2027. The organization, owned by Michael Andretti, a former McLaren F1 driver and son of 1978 Formula One world champion Mario Andretti, strengthened its bid to enter Formula 1 by announcing a. Michael Andretti continues to wait for a response from the FIA on his bid to become Formula 1’s 11th entrant. Some also feel the current US$200-million entry fee, which would be shared among the existing 10 teams as compensation, is not enough. Other Formula One teams have been lukewarm towards expanding the grid, wary of diluting the overall pot of revenues. Renault-owned Alpine have said they will supply the engines if the Andretti Cadillac team wins approval from the FIA and commercial rights holder Liberty Media. ![]() "We're building a team as we speak," he added. We're making good progress."Īndretti, a former McLaren F1 driver and 1991 CART champion, confirmed he was targeting 2025 and said work was under way already. 05, 2023 11:07 AM ET by Gerhard Horn Formula One / 23 Comments General Motors has chosen Cadillac as its brand of choice to hit the F1 grid. "We have a process that we're in the middle of with the FIA and we're submitting our paperwork this week, and hopefully get an answer middle of July. Cadillac To Race In Formula 1 With Help From Andretti Jan. "That's our goal, We're working on it," Andretti said of the bid. Michael Andretti's Andretti Global and General Motors kick-started 2023 by announcing their proposed collaborative effort to enter a Formula 1 team under the luxury Cadillac brand. By Chris Medland Janu2:45 PM ET The proposed Andretti Cadillac Racing Formula 1 entry has a signed agreement with an existing power unit supplier if it is successful, and would look to add General Motors’ expertise in future. MIAMI: Michael Andretti said on Sunday (May 7) he expects to know in mid-July whether he can enter Formula One with a new American team from 2025.Īndretti, son of 1978 world champion Mario, told Sky Sports television at the Miami Grand Prix that the paperwork was being submitted to the governing FIA this week.Īndretti Global and General Motors announced in January that they planned to compete using the Cadillac brand and employing at least one US driver. Michael Andretti, who spent the 1993 season commuting back and forth from the U.S. Andretti Global and General Motors confirmed Thursday morning that theyll be joining forces to enter Formula 1 under the Cadillac name.
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