The FIA on Monday said Michael Andretti meets all required criteria to field a Formula One team, an important step toward expanding the F1 grid to 11 teams.
The FIA decision does not guarantee Andretti will get a two-car team, and Andretti Global and partner Cadillac must still prove their commercial value to F1 rights holder Liberty Media and the existing teams, which vehemently oppose expanding the 20-car grid. The teams have no vote on Andretti expanding the grid.
“The FIA is obliged to approve applications that comply with the Expressions of Interests application requirements and we have adhered to that procedure in deciding that Andretti Formula Racing LLC’s application would proceed to the next stage of the application process," Ben Sulayem said. The FIA received seven applicants at the first phase. Five went through to the second round, which required a $300,000 fee and deep-dive by F1’s governing body. Only four applicants completed the entire process; Andretti, with engines that would be General Motors-badged under the Cadillac banner, was deemed to be the only worthy applicant.
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