The FIA has just announced a new application process for new F1 teams to join the grid.
Following months of rumours that new teams will join the F1 grid, the FIA has finally opened an official application process. This announcement comes just over a month after Mohammed Ben Sulayem, FIA President, announced that he wants new teams to enter the sport.
The Application Process
In the official press release, The FIA stated that they will only consider serious applications from teams.
“The FIA welcomes interest from entities with a serious intent to enter the FIA Formula One World Championship.”
The statement also informs us that each prospective team will need to go through rigorous financial and technical analysis. The FIA want to make sure that the team, if successful, will be able to operate in Formula 1.
Formula 1 is an extremely expensive sport and the FIA will test the financial backing of all applications. They stated that one of the checks will be “The ability of the team to raise and maintain sufficient funding to allow participation in the Championship at a competitive level”.
On top of that, they want to test whether the potential team has experience in running at such high standards. For this, the FIA has said that they will analyse “the team’s experience and human resources”.
The FIA has reminded teams that the F1 grid is capped at 12 teams and therefore there is only an opportunity for two new teams to join.
As Formula 1 has serious sustainability goals, the application now tests whether teams will commit to supporting them.
“We know we must deliver positive lasting change”
Formula 1 President and CEO Stefano Domenicali reflects on the continuing drive towards sustainability and diversity as F1 targets Net Zero Carbon by 2030 #F1https://t.co/TW9j5B0mRD
“Any prospective F1 team would also need to illustrate how they intend to achieve a positive societal impact through its participation in the sport.”
What could this mean for Andretti?
The press release stated that this announcement comes as a “logical expansion” from the new engine regulations and references Audi’s 2026 entry as an example of why the FIA wants to attract new teams and names.
There is also a reference to the new application process “creating interest among other potential entrants”. The first team that people think of when reading that is, of course, Andretti.
Andretti has been vocal about wanting to join the F1 grid for some time. The outfit recently joined forces with Cadillac to try and make it happen.
The FIA are wanting new teams to join from as early as 2025. This could work for Andretti as they have been laying the groundwork for this moment for quite some time.
The preliminary deadline for applications is on the 17th of February and formal applications will be decided on by the 30th of June 2023.
Now that the application process has become official, Andretti and Cadillac will be looking to make their application. They are huge names in the automotive industry and Andretti has lots of experience winning races and championships in other motor series.
Mohammed Ben Sulayem also told Autosport that he wants Andretti to be the new team in the sport. He believes that their American roots are good for the sport and that they’re such a big manufacturer they “can’t say no”.
So will we see Andretti and Cadillac on the grid in a few years time?
Feature Image Credit: Daniel Kalisz/Getty Images
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