F1 CEO says Michael Andretti ‘quite vocal’ about new team, but there’s process to follow
Formula One has multiple inquiries from potential team owners who have taken a more behind-the-scenes approach than Michael Andretti, who has been “quite vocal” in his desire to expand the current grid, F1 CEO Stefano Domenicali said Wednesday.
Andretti has petitioned to expand the current F1 grid to 22 cars to accommodate Andretti Global, which he’s billing as a true American team. Andretti has taken that route after attempts to purchase an existing F1 team fell apart late last year.
He said this week he’s building a 575,000 square-foot facility on roughly 90 acres in Fishers, Indiana, to house Andretti Global. But he’s still no closer to landing an F1 team, and Domenicali offered very little update specific to Andretti.
“The status of Formula One, it is not a problem of quantity,” Domenicali said. “It’s a matter of understanding not only the ones who have a bigger, louder voice, but there will be other people because Andretti was quite vocal about his request.
“But there are others that have done the same in a different way. So we will listen not only to Andretti, but to others that are respecting the silence on trying to be more productive on proving who they are and respecting the protocol.”
At issue is what value – if any – comes with expanding the current 20-car grid.
Mercedes head Toto Wolff has been vehemently against expansion and argued it only will decrease profits as the pot would be split between 11 teams instead of 10. But McLaren boss Zak Brown has argued adding the Andretti name would increase North American interest and signing U.S.-based sponsors based on Andretti’s participation would compensate for any dilution to the purse.
Wolff has dismissed the notion the Andretti name brings any value to F1.