Friday, March 31, 2023

FIA boss Sulayem shocked by ‘adverse reaction’ to Andretti F1 plan

The pinnacle of System One’s governing physique on Sunday strongly supported a proposed new Andretti Cadillac all-American staff and stated he was shocked by “adverse reaction” to the plan.

Mohammed Ben Sulayem’s feedback on Twitter hinted at a row brewing between the president of the Worldwide Vehicle Federation (FIA) and System One’s industrial rights holders Liberty Media and groups.

“It is surprising that there has been some adverse reaction to the @Cadillac and @FollowAndretti news,” Ben Sulayem wrote.

“The @FIA has accepted the entries of smaller, successful organisations in recent years. We should be encouraging prospective F1 entries from global manufacturers like @GM and thoroughbred racers like Andretti and others.

“Interest from teams in growth markets adds diversity and broadens @F1’s appeal”.

System One issued a lukewarm response on Thursday to the announcement that Michael Andretti’s Andretti International and Normal Motors model Cadillac had been becoming a member of forces in a bid to change into the game’s eleventh staff.

A System One spokesman stated then that any new entrant needed to be agreed upon by each F1 and the FIA and could be assessed “by all the relevant stakeholders”.

System One’s chief govt Stefano Domenicali, a former Ferrari boss, stated final September that increasing past 10 groups was “not a priority”.

A senior staff determine informed Reuters on Friday {that a} “strong majority” of the groups had been in opposition to increasing the grid and diluting the share of revenues.

The identical determine additionally urged the Normal Motors involvement was extra of a “badging exercise” than a full producer dedication and the $200 million entry charge, to compensate the opposite groups, was too little on present valuation.

“The value of Formula One is that it’s a limited amount of franchises and we don’t want to dilute that value by just adding teams,” Mercedes staff boss Toto Wolff stated throughout final Could’s Miami Grand Prix.

Ben Sulayem has stated the governing physique is exploring the expressions of curiosity course of and would supply an replace quickly.

The method will observe strict protocols and take a number of months, with insiders saying that even when accepted a brand new staff wouldn’t be capable to enter earlier than 2026 on the earliest. 

Most Popular