Former driver Michael Andretti’s team has successfully overcome an important hurdle for his potential entry into Formula 1 from 2025. The FIA has approved Andretti Formula Racing LLC’s application, bringing the American team forward to the next stage of the application process. Several teams showed interest in joining, but only Andretti’s formation advanced to the next stage.
The FIA stated that “each evaluation was based on sporting, technical and financial analyses.” “The evaluation process also included sustainability and positive social impact criteria.”
The ten current teams in Formula 1 have the final say. They must eventually agree whether to add an eleventh team. Formula 1 director Stefano Domenicali has repeatedly stressed that an additional team is not really necessary unless it adds additional value.
Chairman Bin Sulayem indicated at the beginning of this year that the FIA wants more teams in Formula 1. At least five teams have shown interest in joining, including Formula 2 teams Hitech, Rodin Carlin and the Asian consortium LKYSUNZ.
It became clear last week that Andretti’s team was perhaps the only team with a serious chance. The 60-year-old former driver has made significant progress with his plans. He had previously announced a partnership with General Motors, which will link its Cadillac brand to the team of the future.