Categories: News

Andretti slams ‘greedy’ F1 teams over entry bid

Michael Andretti has hit out at Formulation One groups for being too grasping to see the advantages of his firm’s proposed entry to the game with Normal Motors model Cadillac in 2026.

F1 gave a lukewarm response to the proposed Andretti-Cadillac entry, with a supply telling Reuters a “sturdy majority” among the many 10 groups are towards increasing the grid and diluting the share of revenues.

FIA president Mohammed Ben Sulayem mentioned he was stunned by the “opposed response” to the bid and Andretti has little doubt what’s the purpose for the negativity.

“It is all about cash,” Andretti informed Forbes.

“First, they assume they will get diluted one-tenth of their prize cash, however additionally they get very grasping pondering we’ll take all of the American sponsors as properly.

“It is all about greed and themselves and never what’s finest for the general development of the collection.”

Andretti revealed McLaren CEO Zak Brown is a robust supporter of his bid.

“Zak desires to do no matter he can to assist us get there and so has Alpine as properly,” Andretti mentioned. “Zak Brown and Alpine are two superb allies. Zak has been very supportive.”

Reuters additionally reported the prompt the Normal Motors involvement was nothing greater than a “badging train” quite than a fully-fledged entry, though Andretti dismissed this suggestion in his interview with Forbes.

Andretti initially tried to enter F1 by taking up the Sauber-run Alfa Romeo staff, however that was unsuccessful.

The American feels he now has the whole lot F1 requested of him when turning him down on that event.

“We examine all of the packing containers. The one field we did not have checked once we have been engaged on our entry was, we did not have an OEM behind us, however now we’ve GM and Cadillac behind us. They will carry so much to the get together to assist us get a race automobile on monitor. We’re very bullish at this second.

“There may be nonetheless a protracted approach to go, and we’re prepared to observe each process that must be finished. We’re in place for it.”

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