2024-02-01 06:54:10
Andretti’s entry will not take place in 2025 or 2026. In a clear statement, Formula 1 justified its rejection of entry, and the decision caused controversial discussions, disappointment and anger.
Legend Mario Andretti didn’t need many words to express his feelings on social media. And his disbelief.
“I am devastated. I won’t say anything else because I can’t find any words other than ‘devastated,'” he wrote.
“Our evaluation process has shown that the existence of an eleventh team would not represent any added value for the championship,” said the Formula 1 Management (FOM), among other things, in the justification.
Other concerns: “The most important way a new entrant can have value is through its competitiveness. We do not believe that the applicant would be competitive,” the letter said.
Andretti-Cadillac also issued a statement late on Wednesday evening: “Andretti-Cadillac has examined the information submitted by Formula One Management Limited and firmly rejects its content.”
It continues: “Andretti and Cadillac are two successful global motorsports organizations committed to placing a true American factory team in Formula 1 that can compete with the best in the world. We are proud of the significant progress we have already made in developing a highly competitive car and power unit with an experienced team, and our work continues apace.”
Andretti-Cadillac also addressed the Formula 1 fans who harshly criticized Formula 1 on social media for the cancellation. “Andretti-Cadillac would also like to thank the fans who have expressed their support.”
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