Andretti is not giving up on its efforts to join the Formula 1 grid after being rejected by the commercial rights holders. The American outfit was accepted by the FIA in late 2023 following checks after the tender process, however when it came to talks with F1’s Commercial Rights Holder they failed to demonstrate accretive qualities. Many of the teams were concerned that Andretti would be getting a share of the prize money which would decrease their current share, while the dilution fee is also outdated given it was for the last Concorde Agreement that took place in 2020. Formula One Managemen…
