"The great thing is that GM has great people and resources at the ready so that is going to help us get up and running even quicker so we are in a really good position right now."Īndretti, who already has interests in Ind圜ar, Formula E, Extreme E and sportscars, announced plans for an F1 entry last February but met a lukewarm response at the time from the FIA. I think it is going to be the biggest story of the year. "One of the things is to have an American manufacturer behind and an American team with an American driver. "We have our technical director already hired and we will announce that down the road. "We've done a lot of hiring, we have quite a few people working for us, we have hired the main engineers so we are very much down the road," Michael Andretti told reporters on a video conference.
The last completely new team to enter Formula One was U.S.-owned Haas in 2016. He said the process would follow strict protocols and take several months.įormula One insiders saw no chance of a new team before 2026, when a new power unit is due to be introduced and Audi are set to enter a factory team after taking over Swiss-based Sauber. "If selected, the team is seeking to compete as soon as practical with at least one American driver."Īndretti Autosport's Ind圜ar driver Colton Herta would be a frontrunner for a seat.įIA President Mohammed Ben Sulayem said the governing body was exploring the expressions of interest process and would provide an update soon. "The Andretti Cadillac team is planning to submit an expression of interest when the FIA opens the formal process," the statement said. Indiana-based Andretti Global is run by former McLaren F1 driver and 1991 CART champion Michael Andretti, son of 1978 Formula One world champion Mario. They said Andretti Cadillac, if accepted by Formula One and the FIA governing body, would be based in the United States with a support facility in Britain. Jan 5 (Reuters) - Andretti Global and General Motors announced on Thursday plans to enter Formula One with a new all-American team using the Cadillac brand and employing at least one U.S.
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