Andretti‘s bid to enter Formula 1 has been denied by the sport’s stakeholders, meaning no new teams will join the championship before 2028.
The Andretti Cadillac Racing entry were the only outfit to get the green light from the FIA in October 2023 after failed bids from the likes of Rodin Cars, Hitech and Lky Sunz.
In 2026, Audi will join the field as they take over Stake, while Red Bull will partner with Ford. Honda will also return as a fully fledged power unit manufacturer with Aston Martin. There will still be 10 teams on the grid.
Total-Motorsport.com understands the majority of the grid did not want a new team, so the championship prize fund was not diluted.
“Our assessment process has established that the presence of an 11th team would not, in and of itself, provide value to the Championship,” read an F1 statement.
“Any 11th team should show that its participation and involvement would bring a benefit to the championship. The most significant way in which a new entrant would bring value is by being competitive, in particular by competing for podiums and race wins.
“This would materially increase fan engagement and would also increase the value of the championship in the eyes of key stakeholders and sources of revenue such as broadcasters and race promoters.
“The Application contemplates an association with General Motors (GM) that does not initially include a PU supply, with an ambition for a full partnership with GM as a PU supplier in due course, but this will not be the case for some years.
“Having a GM PU supply attached to the Application at the outset would have enhanced its credibility, though a novice constructor in partnership with a new entrant PU supplier would also have a significant challenge to overcome. Most of the attempts to establish a new constructor in the last several decades have not been successful.”
Andretti failed to attend December meeting
F1 have made it clear that an 11th team could join the grid in 2028 but significantly made some key points regarding their decision to reject Andretti‘s entry for 2025, 2026 or 2027.
“Having had the opportunity to consider the Applicant’s responses together with our own deliberations, we subsequently wrote to the Applicant on 12 December 2023 extending an invitation to an in-person meeting at our offices in order for the Applicant to present its application, but the Applicant did not take us up on this offer,” continued the statement.
It added: “While the Andretti name carries some recognition for F1 fans, our research indicates that F1 would bring value to the Andretti brand rather than the other way around.
“The addition of an 11th team would place an operational burden on race promoters, 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.
“On the basis of the application as it stands, we do not believe that the Applicant has shown that it would add value to the Championship. We conclude that the Applicant’s application to participate in the Championship should not be successful.”