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Andretti hopes spending push will convince F1 to create 11th team

F1’s "most popular prospective team owner" Michael Andretti might "finally have his golden ticket to create F1’s 11th franchise," according to Nathan Brown of the INDIANAPOLIS STAR. That decision "ultimately lies with" FIA and series owner Liberty Media's FOM. Andretti said, "We’re not going to get an answer for a while. ... We’re spending money to get the ball rolling, and we feel like, hopefully, we’re going to get it. We know we’re taking a risk, but we feel like it’s worth the risk to get the ball rolling." Andretti said that construction on a "state-of-the-art F1 race shop in Indianapolis, where the cars would be built, could break ground 'hopefully in August.'" It is the "display of financial solvency and dedication" he hopes will "eventually persuade the FOM to allow Andretti Global to break F1’s glass ceiling of 10 franchises" that has existed since '17. Though individual F1 team owners and principals have "no say in the FIA and FOM’s eventual decision," several have "aired their grievances surrounding the addition of an 11th team -- even one with the name recognition of Andretti at a time when the U.S. has quickly become perhaps the series’ most lucrative market." Haas Team Principal Gunther Steiner said, "If there’s teams coming, they need to be solid. We as a team, we don’t need more. We’re in a good place." McLaren CEO Zak Brown said, "I think the push-back from some teams is more a fiscal push-back, because it’ll eat into their prize fund" (INDIANAPOLIS STAR, 5/7).

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