Rewind to the end of 2021 and Alfa Romeo was heavily linked to an Andretti takeover themselves. He continued: “I’m just excited that there’s this excitement of new teams that want to join F1 I think that talks to the health of the sport.” Alfa Romeo Alfa Romeo is set to be taken over by Audi in 2026 I think he’s put together a compelling team.” “I think it’s great to see they want to join the sport. And so it’s just great to see Formula 1 attracting new markets, new teams, new sponsors. The sport is worth substantially more, so I think that that element needs to be discussed.”Įarlier in the year the American said: “We haven’t had a new team in a long time, since Haas. “I think the one thing I would say is the value of an F1 team and an entry from what it was five years ago. READ MORE: How Andretti Cadillac Racing delivered on FIA ultimatum “And we’re just going to kind of wait and see how the process plays out. “I think our view's unchanged,” he told Autosport.

McLaren Racing’s Chief Executive, whose role incorporates the management of teams in Ind圜ar, Extreme E and Formula E as well as F1, has shown his support of Andretti’s F1 entry in contrast to the stance of other team principals.Ĭurrently working closely with Andretti’s parent company General Motors in Ind圜ar through their supply of Chevrolet engines, Brown previously expressed his excitement for Andretti’s potential entry and the value they could bring to F1, although has also questioned the financial aspects of their position. Formula 1 would keep its 10 teams, Andretti could finally get in and Renault would still be involved.' Zak Brown General Motors' Chevrolet supplies Arrow McLaren with engines in Ind圜ar He told German TV channel Sport1: “Andretti should buy Alpine.” READ MORE: Marko suggests SHOCKING way to get Andretti onto F1 grid However, Red Bull’s Helmut Marko has previously explained that he believes their purchase of another team, such as Alpine, whose financial and sporting struggles have been all too evident in 2023, would suit everyone involved, rather than disrupting F1’s current set-up by adding another team. So why would we share it now with other people?” Helmut Marko Helmut Marko would rather Andretti purchased AlpineĪndretti’s intentions of joining F1 as their own entity were becoming clearer and clearer prior to the FIA’s approval of their entry as the American outfit revealed re-branding to Andretti Global and the establishment of a new Racing and Technology HQ in Indiana. 'When we came in, we didn't get any prize money for two years, and Mr Haas had to pay for it. “It's not guaranteed that F1 will continue like it is so it's better to build up to buffer the 10 teams we have and to look after them, because they were here in the bad times as well.

“I think why F1 and the teams have survived in the last years is because we all stuck together,” he told. The sport is therefore clearly on the right track, something that could be put down to a plethora of sporting and commercial reasons, but Toto Wolff believes that it is the closeness of the current ten teams that has played a large part in the sport’s current stability, suggesting his opposition to an Andretti entry.

Toto Wolff Wolff believes F1's ten unchanged teams have heavily contributed to the sport's successį1 has boomed in the last five years, with the ten teams’ value being estimated by Forbes as $1.88 billion in 2023, showing an increase of almost 300% since 2019. However, multiple F1 team principals have not been on board with the idea of a growing field, frequently citing reduced finances as a reason why an eleventh team would not be feasible despite the security of 2020’s Concorde Agreement, which encompasses as many as 12 entries. Recent rumours around the arrival of new teams to the paddock peaked when Rodin Carlin, Hitech Grand Prix, LKYSUNZ and Andretti all lodged interest in joining the grid – although only the latter would be successful in gaining the FIA’s approval, now just requiring the approval of FOM.

Iphone x grid autosport image