Michael Andretti was in attendance at this past weekend’s Miami Grand Prix, using the opportunity to continue conversations about joining the grid in the future with his own team.
Andretti has been working hard the past couple years to convince the FIA and his potential rival teams alike that he should be allowed to field his own F1 team.
He has attempted to satisfy every prerequisite that has been brought before him, including a massive $200 million entry fee for new teams to help cover the commercial revenue dilution of an added participant.
Talking to Sky Sports on the grid this past Sunday, Andretti outlined that he is already working on building a team for a potential F1 entry, and hopes to have an official answer from the FIA soon.
“That’s our goal,” said Andretti when asked if he will have a team of his own soon. “We’re working on it.
“We have that process that we’re in the middle of with the FIA. We’re submitting our paperwork this week, and hopefully getting an answer middle of July. So we’re making good progress.
“We’re already doing [a lot of work]. It’s already happening. We’re building a team as we speak.”
Andretti confirmed that the goal is still to have his entry accepted for the 2025 season, which is less than two years away at this point, and also continues to have support from Cadillac to help make any deals happen.
With Formula 1 having a popularity boom in recent years, especially in the United States, there are thought to be a few people looking to join the exclusive paddock and add to the 20-car roster.
No team applications have yet been accepted to expand the grid, although the FIA formally opened an application process earlier this year for ‘one or more’ new teams.
While working to secure his entry into F1, Andretti continues to operate a successful IndyCar team and will field five cars with Andretti Autosport in this year’s Indianapolis 500.
