Andretti provides update on F1 entry bid
Former Formula 1 driver Michael Andretti says his organisation’s
bid to join the F1 grid in 2024 has made "pretty good progress" over the last
two months.
Michael’s father Mario Andretti revealed in
February that 'Andretti Global' had applied to the FIA for a Formula 1 entry
from the 2024 season, claiming that the prospective squad "has the
resources and checks every box".
However, reaction to the proposed Andretti
entry from elsewhere in the paddock has been mixed, as an 11th team would eat
into the prize money currently shared between the 10 existing outfits.
F1 CEO Stefano Domenicali has also cast doubt
on the proposed Andretti-backed entry into F1, saying in August that the sport
doesn't need any new teams.
Despite the negativity surrounding the Andretti entry, Michael
claimed that preparations were still ongoing to join the F1 grid.
"Yeah, we're still moving forward," Michael was quoted as saying
by The Race...