The future emergence of the 11th team in Formula 1 was facilitated by the departure of Michael Andretti from the company (Sky Sports)
17.01.2025
Michael Andretti`s departure influenced F1`s decision to accept the 11th team`s bid.
The initial Andretti bid, led by Michael Andretti, was approved by the FIA, but rejected by Formula 1 and the teams.
Michael and Mario Andretti responded by initiating inspections of Liberty Media by US regulators.
Some time ago it became known about the resignation of Michael Andretti from the post of executive director and president of Andretti Global. Now the head of the project of the new Formula 1 team is Dan Taurisse, who owns a controlling stake in the company.
An important factor was the desire of General Motors to expand its support for the project. Negotiations between Formula 1 management, Andretti Global and General Motors are taking place this weekend in Las Vegas.
Formula 1 will agree to the appearance of an 11th team in the championship as early as 2026 (RN365)
Michael Andretti abandoned his stake in Andretti Global
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