The FIA are expected to approve Andretti Global’s bid to enter F1 - but will Liberty Media and the teams agree to it?
AMuSThe American outfit have been vocal in their interest in joining F1 since last year, however, it’s been met by a lot of backlash.F1 and the teams are concerned that an 11th team would “dilute” the sport or cost the existing constructors crucial prize money.
However, due to an EU sports law regarding participation in motorsport events, F1 might find it difficult to find enough reasons to reject Andretti. The majority of the parties against Andretti from joining F1 are linked to financial reasons rather than the benefit of the sport. Given Andretti’s rich motorsport history and engine partner General Motors, there’s few grounds for F1 to reject them, particularly as they’ve progressed through the FIA’s stringent process.As part of a new Concorde Agreement, teams are wanting to push that up to $600 million to put off interested parties in signing up.
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