Andretti F1 Team gets FIA Aproval

[M-technik-3]

Just read it on Yahoo.

[Killed by Death]

About time!!! Gene Haas doesn't give 2 $hits about his F1 team. Hoping Andretti goes all in.

[F32Fleet]

Well F1 needs to approve them as well. I didn't know that's how it works but apparently the FIA put F1 in a bad spot with this announcement as F1 had not be consulted.

[R BMW]

How fast can you develop a car and still stay within budget?

[Car-Addicted]

Andretti Global Opens New F1 Facility at Silverstone
Apr 10, 2024
Michael Andretti and Andretti Global's bid to join Formula 1 may have been slowed, but it's not been stopped.
Today at Silverstone in the U.K., Andretti Global formally opened a new facility that the team says is "the next stage of its preparations to enter the FIA Formula 1 World Championship."
Andretti's years-long bid to join the F1 grid hit a road block on January 31 when F1 announced that it had turned down Andretti and instead invited the organization to re-apply for admission to F1 for 2028. Reasons for the rejection included that F1 wanted Andretti to have it's own engine deal—Cadillac has announced plans to enter F1 with Andretti as a manufacturer as early as 2028—and F1 was concerned that Andretti would not be able to field a competitive entry out off the blocks.

https://www.autoweek.com/racing/form...y-silverstone/

And so it begins

[Killed by Death]

BREAKING: The chairman of the United States House Judiciary Committee, Jim Jordan, has initiated a probe into Liberty Media's decision to deny Andretti's entry into Formula 1,following Mario Andretti's appearance on Capitol Hill.
Jordan has written to F1's owners, requesting explanations for the decision-making process that led to blocking Andretti's hopes. The letter, obtained by NBC, outlines a request for documents and information regarding F1's denial of Andretti's grid spot. Jordan aims to ensure that no illegal anti-competitive behavior occurred and expresses skepticism towards F1's explanations for rejecting Andretti's bid in January.
“The Committee on the Judiciary is responsible for examining the sufficiency of federal competition laws to protect against monopolies and other unfair restraints on trade,”
“Sports leagues, like Formula 1, operate in a notable area of antitrust law in which some degree of collusion is necessary for the creation of the product.”
“However, when a sports league deviates from its rules and practices in a manner that reduces competition and depresses consumer interest in the product, the collusion may amount to anti-competitive conduct.”
“The excuses put forward for denying Andretti Cadillac’s entry appear to be pretextual, arbitrary, and unrelated to Andretti Cadillac’s suitability to compete in Formula 1.”
“For example, Formula 1 alleged that a new team could only add value to Formula 1 by 'competing for podiums and race wins.'”
"However, the FIA had already analysed—and approved of—the technical capabilities of Andretti Cadilac to compete among current teams, and most current teams in Formula 1 do not meet Formula 1’s standard of regularly competing for 'podiums and race wins”
“Formula 1 cannot have it both ways. The truth, as FIA President Muhamed Ben Sulayem explained, is that the rejection of Andretti Cadillac is 'all about money.'"
“Weak teams want to be protected from competition to the detriment of consumers and an additional team would compete for prize money and sponsorships.”
VIA: [motorsport.com]

[3798j]

.

[HeelToeShift]

This is kind of a joke. When F1 was struggling where was Andretti then? When they needed teams he was nowhere to be found and now that F1 is thriving (Q1 2025 revenue up 54%) he wants a piece of the pie. Mostly devil’s advocate there but point still remains.

[3798j]

Andretti as a team owner has improved every series he has competed in, bringing in top personnel and equipment. It would be a surprise if adding him to the F1 mix didn't work. Heck, even Renault would finally have a customer (for a year or two).

[Killed by Death]

Originally Posted by HeelToeShift

This is kind of a joke. When F1 was struggling where was Andretti then? When they needed teams he was nowhere to be found and now that F1 is thriving (Q1 2025 revenue up 54%) he wants a piece of the pie. Mostly devil’s advocate there but point still remains.

Well ya know what they used to say?

How do you make millions in F1? Start with billions

[3798j]

Another letter...

in support of Andretti Global joining F1.
It makes some obvious points.

https://racingnews365.com/us-senator...etti-exclusion

[NYG]

If they don't want another team then Haas should be replaced by them.

[Terry989]

Originally Posted by Killed by Death

BREAKING: The chairman of the United States House Judiciary Committee, Jim Jordan, has initiated a probe into Liberty Media's decision to deny Andretti's entry into Formula 1,following Mario Andretti's appearance on Capitol Hill. [motorsport.com]

With Gym Jordan heading it, don't expect on any progress into this inquiry.

Do nothing Jim only wants involved so he can schedule private one on one nude wrestling sessions with the 20 year old and younger drivers and team members.

[dfox]

Really don't like the US government trying to strong-arm Liberty into letting Andretti in.

[3798j]

One of the best lines in the letter from the Assistant Attorney General addressing the rejection of Team Andretti-Cadillac’s application. Namely, FOM's position that Team Andretti-Cadillac would not benefit F1 financially and would not be competitive, “in particular for podiums and race wins.”....

"....the vast majority of F1 teams fail to win races in a given season. In 2023, a single team won all but one race, and half the teams in F1 have failed to win a race in the past 4 seasons combined. This competitive balance has not been the hallmark of F1 racing and adding a team backed by a major U.S. car manufacturer is likely to enhance competitiveness, not reduce it."

[NYG]

Originally Posted by dfox

Really don't like the US government trying to strong-arm Liberty into letting Andretti in.

They're using the American market hardcore though so not having a legitimate reason is kind of screwed up considering they have parameters for accepting new teams and Andretti has met them all. They've got the money, they've got more manufacturing capability than Haas ten-fold and have GM backing them for power units. Haas is just a Ferrari junior team.

I don't really like any government getting involved in private companies but this scenario seems a little different. Idk.

[dfox]

Originally Posted by NYG

They're using the American market hardcore though so not having a legitimate reason is kind of screwed up considering they have parameters for accepting new teams and Andretti has met them all. They've got the money, they've got more manufacturing capability than Haas ten-fold and have GM backing them for power units. Haas is just a Ferrari junior team.

I don't really like any government getting involved in private companies but this scenario seems a little different. Idk.

Imagine senators writing the NFL or NBA to argue that an expansion team needed to be added... Bonkers.

They need to stay in their lane.

[NYG]

Originally Posted by dfox

Imagine senators writing the NFL or NBA to argue that an expansion team needed to be added... Bonkers.

They need to stay in their lane.

Agreed but these are Euros we're talking about.

[3798j]

Originally Posted by NYG

Agreed but these are Euros we're talking about.

But Liberty and it's CEO, Greg Maffei are both USA entities...

“Mr Maffei, broke in the conversation and he said: ‘Mario, I want to tell you that I will do everything in my power to see that Michael never enters Formula 1." - - - Mario Andretti

https://www.racefans.net/2024/05/23/...r-let-team-in/

[NYG]

Originally Posted by 3798j

But Liberty and it's CEO, Greg Maffei are both USA entities...

“Mr Maffei, broke in the conversation and he said: ‘Mario, I want to tell you that I will do everything in my power to see that Michael never enters Formula 1." - - - Mario Andretti

https://www.racefans.net/2024/05/23/...r-let-team-in/

Yeah but F1G CEO is Domenicali and they operate out of the UK. Is it just liberty stopping Andretti or F1G too?

[3798j]

Originally Posted by NYG

Yeah but F1G CEO is Domenicali and they operate out of the UK. Is it just liberty stopping Andretti or F1G too?

"Liberty Media Corporation owns Formula One Management, which is also known as the Formula One Group. Liberty Media acquired the Formula One Group in 2017 from CVC Capital Partners for $8 billion. Liberty Media is a spin-off of TCI, an American cable-television group, and has interests in many media, communications, and entertainment businesses."

[dfox]

Originally Posted by 3798j

But Liberty and it's CEO, Greg Maffei are both USA entities...

“Mr Maffei, broke in the conversation and he said: ‘Mario, I want to tell you that I will do everything in my power to see that Michael never enters Formula 1." - - - Mario Andretti

https://www.racefans.net/2024/05/23/...r-let-team-in/

Somebody did something to piss someone off... at that level of decision making, things are all about relationships. If Michael Andretti had a good relationship, or even an agnostic relationship, with Maffei, it would likely go okay. Now I want to know who did what to whom.

That type of discussion may end up in a lawsuit, but congress still needs to keep themselves out of it...