• Home
  • News
  • Formula One & Motorsports
  • Formula 1
  • Contact Us
No Result
View All Result
F1 news Hubb
Advertisement
  • Home
  • News
  • Formula One & Motorsports
  • Formula 1
  • Contact Us
No Result
View All Result
F1 news Hubb
No Result
View All Result
Home News

F1 rift growing as Ben Sulayem hits back at Andretti Cadillac reactions

admin by admin
January 8, 2023
in News


A rift between Formula 1 and the FIA appears to be growing after the governing body’s president Mohammed Ben Sulayem hit out at what he believes to be “adverse reaction” to Andretti Cadillac’s desire to enter F1.

Andretti Global and General Motors announced they would be joining forces to try and secure a place on the grid in the future after Ben Sulayem’s announcement that he had asked the FIA to look into opening up the process for Expressions of Interest from new teams. Those comments pre-empted the Andretti announcement, and F1 itself then issued a statement reiterating that “any new entrant request requires the agreement of both F1 and the FIA.”

After the lukewarm response, Ben Sulayem has posted another statement on Twitter saying F1 should be fully behind such interested parties.

McLaren set for February F1 launch

Andretti Cadillac has signed agreement with external PU supplier

Catching Up With: Chris Medland on Andretti Cadillac Racing in F1

“It is surprising that there has been some adverse reaction to the Cadillac and Andretti news,” Ben Sulayem tweeted. “The FIA has accepted the entries of smaller, successful organizations in recent years. We should be encouraging prospective F1 entries from global manufacturers like GM and thoroughbred racers like Andretti and others. Interest from teams in growth markets adds diversity and broadens F1’s appeal.”

Prior to the Andretti Cadillac announcement, multiple current teams had previously stated their belief that a $200 million anti-dilution fee — equivalent to $20 million per team to soften the blow of splitting revenues with a new entrant — was no longer sufficient given the sport’s growth in recent years. F1 itself also insists it has been approached by multiple prospective teams that have been less vocal than Andretti about their intentions.

The FIA has yet to formally open up the process to allow potential new entrants to register their interest, and it could take a number of months, but Michael Andretti has already said he is “very, very confident” his project will be successful.



Source link

Tags: andretti cadillac racingfiaformula 1mohammed ben sulayem
Previous Post

Ben Sulayem “surprised” by “adverse reaction” to Andretti-Cadillac F1 bid · RaceFans

Next Post

Steiner confident new Haas “will be better” than 2022 · RaceFans

Next Post

Steiner confident new Haas "will be better" than 2022 · RaceFans

Recommended

WATCH: Alonso gets some extra pre-season laps in with Aston Martin at Jerez

February 8, 2023

C43 is unveiled by Alfa Romeo F1 Team

February 7, 2023

Las Vegas gives F1 permission to run races on its Strip for 10 years · RaceFans

February 7, 2023

Williams seeing commercial benefits from U.S. office

February 7, 2023

Domenicali says F1 won’t gag drivers and expects FIA to clarify politics clampdown · RaceFans

February 7, 2023

ANALYSIS: It’s all change at Williams in 2023 – but can they change their fortunes on track?

February 7, 2023

© 2022 F1 News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Formula One & Motorsports
  • Formula 1
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Formula One & Motorsports
  • Formula 1
  • Contact Us

© 2022 F1 News Hubb All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In