He also proposed creating a talent ladder through junior racing to the Andretti F1 team for young American drivers. “And I think having a true American team and driver, not a Russian driver, we can at least bring more than $100m to the bottom line, which is all we’d ever take out of the prize money.” “I believe what we could do for the US, it’s still very untapped and I think there’s a lot to be gained here. “We feel like we’re going to bring a lot more to the party in terms of income to the bottom line,” said Andretti.
Haas f1 team drivers#
Only then the sport will grow”.Īndretti said Wolff’s stance “doesn’t make any sense at all” and said F1 should be more supportive of the prospect of another American entry given its focus on that market – and the fact Haas had yet to give opportunities to drivers from the USA. Mercedes team principal Toto Wolff suggested the real cost of creating a new F1 team would be nearer $1billion and said F1 should ensure that “every team that is joining needs to add value” and “needs to demonstrate in my opinion what it can do for all the other teams and for Formula 1 and the FIA. In addition to the FIA’s stance suggesting Andretti’s F1 bid faces major formal hurdles, the project also received a lukewarm response from existing F1 team bosses this week.į1 is attempting to increase the value of its established teams with the creation of a $200million entry fee for newcomers as a form of ‘anti-dilution’ measure. I’m going to put it out there: if he wants us to call him, we’ll call him. He said on/off talks with Haas had occurred for “about two years” but Gene Haas is “not interested in selling”.Īsked if he might contact Haas again now amid the uncertainty over the team’s Uralkali backing, Andretti told The Race: “We’ll see. That led to an initial shortlived title sponsorship deal with Rich Energy in 2019, and then the association with Uralkali backing that has now been complicated by Russia’s invasion of Ukraine.Īndretti expanded on the Haas links to The Race in the St Petersburg Ind圜ar paddock later on Friday. Team owner Gene Haas had previously expressed doubts about his F1 squad’s long-term future and had been reluctant to continue funding it through his own companies.
In an interview with the Associated Press in which he emphasised the seriousness of the Andretti Global F1 plan, Michael Andretti also referred to having approached Haas “millions of times”. Undeterred, the Andrettis have continued publicising their latest F1 proposal. But the FIA has made clear there is no entry process for new F1 teams open at present and says it’s ‘not in a position to consider’ new entrants.
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