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Formula 1 has rejected the American Andretti team’s bid to enter the sport in the next two years – but left the door open for admission in 2028.
Andretti’s entry had been approved by governing body the FIA but commercial rights holders F1 felt the proposal for entry in 2025 or 2026 was lacking.
F1 conducted analysis involving key stakeholders and decided an 11th team “would not on its own add value”.
F1 also does “not believe the applicant would be a competitive participant”.
More to follow