Andretti's F1 bid faces opposition from top teams

Cadillac F1 to Pay Record $450 Million New Team Fee
18 January 2023 by    1 min read
 4

Jan.18 - Pat Symonds has defended the reluctance of Formula 1 and the existing teams to welcome Michael Andretti's motorsport empire to the sport.

Now with key GM-Cadillac backing, Andretti has the support of the governing FIA for his 2025 or 2026 team entry bid, but is still facing opposition from top teams including Mercedes.

McLaren supremo Zak Brown, however, is more welcoming.

Rob Smedley and Pat Symonds

Rob Smedley and Pat Symonds

"We are partners in the Walkinshaw supercar team," he told formel1.de. "I think he has made a very convincing offer.

"Since Haas came in, we haven't had a new team for a long time and the Andretti name has such a history in various categories of motorsport."

Brown, however, was reluctant to comment on rumours that existing teams are now demanding much more than a $200 million entry fee from Andretti.

"I'm not involved in the process itself, but I know he's working closely with the FIA and Formula 1," said the American.

Pat Symonds, the continuing chief technical officer at Formula 1, said he can understand some of the existing teams' reluctance.

"There's nothing wrong with having more cars," he said, "but we don't want to go back to the days of HRT.

"But it's not surprising that people aspire to be here. Over the past five years, we have managed to turn a loss-making sport into a profitable one.

"The existing teams, of course, will always be against the arrival of new teams, because when the prize money is divided into 12 parts rather than ten, they'll get less," Symonds added.

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4 F1 Fan comments on “Andretti's F1 bid faces opposition from top teams”

  1. DC

    I don't understand why. If the written rules saids the top 10 teams will had price money. Sure the 11th and 12th will not. Then work hard to be.on the top 10. Fight to the end.

    3
  2. ReallyOldRacer

    Perhaps it is time for a good old fashioned social protest. We are a disruptive lot here in the states. Suppose we say FU, if you don't want a real American team in your bloody sport we don't want your over priced tickets.

    2
    • shroppyfly

      Easier still Ror just make the pot that little bit larger, its really in Liberties hands, or cancel some of the stupid legacy Millions some teams get

      1

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