Stop telling Andretti to buy an existing F1 team when nobody is up for sale

  • 📰 Planet_F1
  • ⏱ Reading Time:
  • 57 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 51%

F1 Features News

Andretti have been met with more suggestions to buy an existing team but when no one is selling it is a moot point.

The Andretti family may have thought FIA president Mohammed Ben Sulayem was their greatest ally, but even he now appears to have turned on the.

An Auto Motor und Sport report at the time claimed the Swedish billionaire Finn Rausing wanted to not only receive a buy-in fee but also a paid-upfront $50 million-per-year package for five years to ensure the F1 team could hit the budget cap – but even these were terms that Andretti were willing to meet.

Where next then? Sauber is off the market now and Haas have reiterated they are not for sale while Williams are not going to sell up anytime soon. Even Red Bull’s sister team RB have long-term goals they want to reach and do not think the time is right to sell. The second part of Ben Sulayem’s statement is just as baffling. He suggested some teams needed to be “refreshed” before going on to contradict himself by saying F1 “should have more teams. But not any teams. The right teams.” So we are guessing the FIA process Andretti passed last year does not make them the right team?

The argument so often used against Andretti is that they do not bring extra value to the sport but what value has Stake brought this year? What market have they unlocked? What competitiveness have they brought?

Home Page Andretti Mohammed Ben Sulayem

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 126. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Andretti F1: FIA president Mohammed Ben Sulayem tells Andretti to buy existing teamFIA president Mohamed Ben Sulayem says Andretti should buy an existing team rather than try to set up their own to enter Formula 1.
Source: BBCSport - 🏆 111. / 51 Read more »

Exclusive update: Andretti’s talks with F1 since brutal rejection letter issuedMario Andretti has said there are plenty of reasons to be positive as the Andretti Global project remains laser-focused on a 2026 F1 entry...
Source: Planet_F1 - 🏆 126. / 51 Read more »

House Judiciary Committee moves to investigate F1’s Andretti rejectionDelaying Andretti's entry 'benefit(s) failing Formula One teams', Rep. Jim Jordan wrote in a letter to Liberty Media and F1.
Source: The Athletic UK - 🏆 123. / 51 Read more »

Andretti's rejected F1 bid escalates with US House Judiciary Committee probe'The excuses put forward for denying Andretti Cadillac’s entry appear to be pretextual, arbitrary, and unrelated.'
Source: Planet_F1 - 🏆 126. / 51 Read more »

US House Judiciary Committee chairman opens probe into F1’s Andretti rejectionThe chairman of the United State’s House Judiciary Committee has opened a probe into Liberty Media’s denial of Andretti’s entry into Formula 1 in an escalation of political interest.
Source: Motorsport - 🏆 11. / 86 Read more »

US House Judiciary chief launches probe into F1’s Andretti rejectionAn investigation has been launched into F1's rejection of Andretti's application to join the grid in 2026.
Source: CRASH_NET_F1 - 🏆 100. / 51 Read more »