Thu. Feb 9th, 2023

Michael Andretti made headlines final week when Andretti International and Normal Motors introduced their plans to pursue a System One bid below the Cadillac model. And whereas FIA president Mohammed Ben Sulayem appeared receptive to the thought, a majority of the F1 staff homeowners weren’t. 

One of many issues that continues to be raised is the dilution of prize cash. The Harmony Settlement at the moment states the groups cut up their portion of the game’s income. Thus, there’s a $200 million “anti-dilution” charge, which basically acts as an entry charge for brand spanking new groups.

Andretti didn’t maintain again in an interview with Forbes when discussing why he thinks some groups have been immune to him becoming a member of. 

“It’s all about cash,” he mentioned. “First, they assume they’re going to get diluted one-tenth of their prize cash, however in addition they get very grasping considering we’ll take all of the American sponsors as effectively.

“It’s all about greed and taking a look at themselves and never taking a look at what’s greatest for the general progress of the collection.”

Andretti, although, did remark how McLaren’s Zak Brown and Alpine have been supportive of his push. He hasn’t been shy about making his intentions recognized however had confronted issue final season getting help for his plans. On the time, he didn’t have the backing of a producer like GM—an American powerhouse. 

Ben Sulayem tweeted simply three days earlier than Andretti and GM’s announcement that he “requested my FIA staff to take a look at launching an Expressions of Curiosity course of for potential new groups” for F1. This is step one to extending the grid past the present 10 groups. Andretti advised Forbes that they determined to make the announcement after seeing the FIA president’s tweet of help. 

“We verify all of the packing containers. The one field we didn’t have checked once we had been engaged on our entry was, we didn’t have an OEM behind us, however now now we have GM and Cadillac behind us,” he mentioned. “They’ll deliver rather a lot to the celebration to assist us get a race automotive on monitor. We’re very bullish at this second.” 

Nonetheless, within the days following the announcement, Ben Sulayem launched one other assertion on Twitter, calling the “opposed response” stunning. It got here at a second when there had not been any public criticism from the groups or F1. 

System One hasn’t had 11 groups on the grid since 2016 with Haas joined. Nonetheless, it dropped again right down to 10 constructors a 12 months later when one other staff departed, and since then, it has remained the identical quantity, although names have modified like Renault to Alpine beginning in 2021.

By Admin

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