FIA set to greenlight Andretti and Hitech’s Formula One application

Formula One teams oppose the entry of Andretti and other teams on the 2025 grid.

Michael Andretti and Mohammed Bin Sulayem (Credits: Coates / XPB Images)

Formula One’s popularity is surging, with increasing team values and high demand from sponsors. Currently, securing a spot on the F1 grid is comparable to winning a valuable prize, as there are two openings for new teams to join starting in 2025.

Earlier this year, the FIA, the governing body of racing, started accepting applications from potential teams. They are currently evaluating the bids and are expected to conclude soon. The selection process is wrapped in secrecy, with no official list of applicants and no guarantee of acceptance. However, some bidders have publicly disclosed their participation.

Michael Andretti has been actively pursuing a grid spot for over a year. Their application is joined by those from junior single-seater teams Hitech and Rodin Carlin. Newly-established teams Formula Equal and Lucky Sun, too, have submitted a bid to enter Formula One.

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Also read: “We protect the business,” Stefano Domenicali hints at a dramatic hike in the entry fees for new teams in 2026

Alpine could offer to provide engine and chassis support for emerging teams

The possibility of a new team joining Formula 1 sparks excitement. Haas, the latest addition, arrived seven years ago. The Andretti bid, backed by General Motors, shines as the top contender among potential newcomers. One would expect F1 to welcome a respected American racing team with a major automaker’s support. Surprisingly, Formula 1 united to oppose Andretti and any new team’s entry.

However, the French team Alpine welcomes newcomers into Formula, opposing the other teams. This is because they would be the first engine choice and a chassis partnership for the new entrants. There are speculations that Renault will supply engines to Andretti if they secure a spot on the grid.

? | The FIA is expected to approve Andretti and Hitech’s F1 application.

Alpine supports the application of new applicants because the French racing team would be the first point of contact for engines and a chassis partnership. #F1 #HungarianGP pic.twitter.com/ZJnfrIKXFf
— Fastest Pitstop (@FastestPitStop) July 18, 2023

The FIA handles applications, but Formula One Management can reject new teams. F1 and teams agreed on a $200 million fee for new entrants. Yet, Andretti-Cadillac’s offer sparked talks of a $1 billion fee. Obstacles persist in barring an 11th team, but regulations allow up to 13 teams, preventing a direct prohibition.

Formula 1 is entering a profitable period with limited costs and increasing income. The addition of new Grand Prix races and TV deals boost this progress. However, current team owners hesitate to share their newfound riches, even if it jeopardizes their connections with countries or manufacturers.