Formula 1 has officially rejected Andretti's bid to enter the sport in 2025 or 2026, but leaves the door open for a potential entry in 2028.

"Our assessment process has established that the presence of an 11th team would not, on its own, provide value to the championship," said the sport's commercial rights holder in its official statement. "The most significant way in which a new entrant would bring value is by being competitive. We do not believe that the applicant would be a competitive participant.

"The addition of an 11th team would place an operational burden on race promoters," the statement continued, "it would subject some of them to significant costs, and would reduce the technical, operational and commercial spaces of the other competitors.

"We were not able to identify any material expected positive effect on CRH financial results, as a key indicator of the pure commercial value of the Championship."

Another reason for the rejection, which isn't deemed worthy of a mention on the sport's official website, is the fact that an additional team at this stage would put stress on the current engine suppliers who would be called upon to supply Andretti over the next two years.

However...

"We would look differently on an application for the entry of a team into the 2028 Championship with a GM power unit, either as a GM works team or as a GM customer team designing all allowable components in-house," the statement added.

"In this case there would be additional factors to consider in respect of the value that the Applicant would bring to the Championship, in particular in respect of bringing a prestigious new OEM to the sport as a PU supplier."

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READERS COMMENTS

1. Posted by USAF1genius, 11/02/2024 21:53

"So....the same 10 teams to continue on for some years to come. TokyoAussie got it right. The last statement regarding "however" if GM wants to come in and supply a PU is further Bullshit. Like bring your good looking date to the party, but you can go after you drop her off. "

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2. Posted by ancient70!, 03/02/2024 7:08

"Ok, so F1 is a closed shop cartel. As for the statement the rejection is nothing personal, the whole tone of the rejection notice is aggressive, which says to me there is a personal conflict at work. The one thing I find amusing here is that F1 actually admit there are venues that do not conform to FIA requirements to hold a F1 event, ie accommodate 12 teams??"

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3. Posted by Chester, 01/02/2024 13:21

"Today's Wall Street Journal has an article abot how Europe's regulations have moved it to last place vs. the USA and China.

This decision is par for the course. Didn't want to get your butt kicked by an American upstart, eh Toto and the gang? Couldn't risk that. What cowards and flimsy excuses. Punks

"

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4. Posted by kenji, 01/02/2024 1:54

"Great comments here. Following all the dots....look no further as it's apparent now why the 'F1 cabal' have been doing their utmost to drag down Bin Sulayem and the FIA. As i said in the past, look for the motive. It's all about control and the commensurate rewards from achieving that goal. A point not to be looked past."

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5. Posted by TokyoAussie, 01/02/2024 1:38

"Amateur bullshit"

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6. Posted by jcr, 01/02/2024 0:48

"Today Fi, and its Lapdogs reached an all time low.
Bin Sulayam, Dominacalle, And their American Handlers, ought to be ashamed.
"

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7. Posted by ian_w, 31/01/2024 21:44

""The most significant way in which a new entrant would bring value is by being competitive. We do not believe that the applicant would be a competitive participant" tells you the whole story.

If Andretti Join F1 at the same time as the new race car specifications and regulations came into effect, it would most likely be a competitive participant. By forcing them to wait until 2028, it gives everyone else a chance to optimize and improve their designs against what would then be a new entrant. That artificially slopes the playing field in favour of the incumbents, giving them a greater certainty of retaining the prize money."

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8. Posted by Defiant, 31/01/2024 20:44

"But adding another street track brings value to the sport???? Not in the eyes of most it doesn't.

So just a few years ago we had 12 teams, of which, many had zero chance of being seriously competitive but that was fine.... This announcement just screams of appeasement to the teams due to money and risk of bruised egos to me."

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9. Posted by danielmb, 31/01/2024 18:53

"The way I read the entire text of the rejection is that the teams with their own PU, like Mercedes, Ferrari, Alpine, etc are unlikely or reluctant to supply an engine to Andretti. Andretti clearly plans to switch to a GM engine in a couple of years and the current teams have no desire to educate GM on F1 engine design through Andretti.

I see this as a BS excuse that sounds good in the report when we have known all along that the teams really have no desire to share revenue with an 11th team."

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10. Posted by Superbird70, 31/01/2024 18:46

"@Bill Hopgood, I don't think they rejected GM, but Andretti. They want GM as an engine supplier first and foremost to add to their Audi aquisition. It's all about $ and no one wants to be number 11 behind Andretti."

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11. Posted by BillH, 31/01/2024 18:38

"As I understand the situation regarding PU supply, Renault or Ferrari are available to supply Andretti.

In terms of competitive entry, the McLaren Honda V2.0 attempt shows how hard it can be to get things right, however Haas’s first season can show how new teams can start well.

F1 has some poor excuses for not allowing this new entry.

Rejecting GM sends a very clear signal to any other organisation in regard to how welcome a future entry would be. "

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12. Posted by Malemoi, 31/01/2024 17:13

"I have been an F1 nutter since my first GP in 1969. Sadly my interest wanes annually due to FOM and FIA. I'm not an American but I think the FOM is again clueless not allowing Andretti F1. Not sure I want to ever watch again. With this Andretti thing coupled with clueless plastic artificial races in Miami and Vegas leaves me stone cold. "

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F1 rejects Andretti entry bid

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