- Formula One says team would not add value to championship
- Door left open for another application in 2028
Formula One has rejected the bid by the US-based Andretti team to enter the sport before 2026. It issued an emphatic dismissal of the bid but has left the option open for another application in 2028.
The team, run by the former F1 driver Michael Andretti alongside his father, the 1978 F1 world champion Mario, had been approved by the sport’s governing body, the FIA, but was turned down by the commercial rights holder, on the grounds that it believed the team would neither be competitive nor add value to the championship.
