Andretti and Cadillac announce bid to enter Formula 1 after new team Expressions of Interest process launched
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Published 05/01/2023 at 18:43 GMT
Anretti and General Motors have formally revealed plans to enter Formula 1 after the FIA’s Expressions of Interest process was launched. There are currently 10 teams on the grid, which has been the case since 2017, but Andretti have long been pushing to join the sport in recent years. However, they are unlikely to be on the grid before 2026 when new regulations are introduced.
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Andretti and General Motors brand Cadillac have announced their plans to enter Formula 1.
Last week, FIA president Mohammed Ben Sulayem revealed he had asked his organisation to look at launching an Expressions of Interest programme.
Now, Andretti owner Michael Andretti, who came close to joining Formula 1 in 2021 before the purchase of Sauber fell through, has confirmed they will make a bid in partnership with Cadillac.
“Today I’m very, very excited to announce that Andretti Global has partnered with General Motors to pursue an expression of interest,” he said.
“I’m really proud to be able to be part of the fellow American company in this pursuit of the opportunity to join Formula 1.
“We are continuing to grow Andretti Global and its family of racing teams and always have our eyes on what’s next.
“I feel that we are well suited to be a new team for Formula 1 and can bring value to the series and our partners, and excitement for the fans.”
The team would be known as Andretti Cadillac Racing, but they are unlikely to join the grid before 2026, should their application be successful.
Andretti said he was "seeking to compete as soon as practical" and wanted "at least one American driver" on the team.
Andretti are based in Indiana in the United States, but would have a support base in the UK for their F1 efforts.
Any new entrant request requires the agreement of both the FIA and Formula 1.
"Today's news from the United States is further proof of the popularity and growth of the FIA Formula 1 World Championship under the FIA's stewardship," said Ben Sulayem after Andretti's announcement.
"It is particularly pleasing to have interest from two iconic brands such as General Motors Cadillac and Andretti Global.
"Any additional entries would build on the positive acceptance of the FIA's 2026 PU regulations among OEMs which has already attracted an entry from Audi.
"Any Expressions of Interest process will follow strict FIA protocol and will take several months."
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