Following the FIA’s announcement that Andretti Formula Racing’s bid to become an 11th Formula 1 team was accepted, Andretti Cadillac issued a joint statement.
Andretti Formula Racing was the only applicant for a new spot on the F1 grid to be accepted as the FIA announced on Monday.
And with the process now going into the next step, where Formula One Management will conduct their own evaluation, it is yet to be seen whether Andretti’s project will reach the grid amid lack of support from the existing ten teams not to mention mixed signals from FOM, leaning towards negativity.
Andretti who have joined forces with General Motors brand Cadillac on their F1 bid issued a joint statement following the FIA announcement.
“Andretti Cadillac is honoured that the FIA has approved Andretti Formula Racing’s Expression of Interest for the FIA Formula One World Championship,” the statement said.
“We appreciate the FIA’s rigorous, transparent and complete evaluation process and are incredibly excited to be given the opportunity to compete in such a historic and prestigious Championship.
“The formation of this distinctly American team is an important moment of pride for all our employees and fans,” the statement added. “We feel strongly that Andretti Cadillac’s deep racing competencies and the technological advancements that come from racing will benefit our customers while heightening enthusiasm for F1, globally.
“We look forward to engaging with all of the stakeholders in Formula One as we continue our planning to join the grid as soon as possible,” Andretti Cadillac concluded.