Michael Andretti has moved a step closer to owning a Formula 1 team after joining forces with Cadillac. Andretti has always been keen to make his way into F1, and now the American has made his biggest move yet.
This comes after the American Andretti Global team joined up with US car giant General Motors, with the intention of forming an Andretti Cadillac team. A statement released from Andretti Global on Thursday confirmed the new deal.
The statement read: "Today Andretti Global and General Motors, two American powerhouses in the automotive and motorsport sectors, have announced their intent to pursue the opportunity to compete in the FIA Formula One World Championship.
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"GM would be represented by the Cadillac brand. The Andretti Cadillac team would be based in the U.S. with a support facility in the U.K." Andretti himself expressed his excitement, claiming that he feels his brand is 'ready for Formula 1'.
He said: "“We are continuing to grow Andretti Global and its family of racing teams and always have our eyes on what’s next. I feel that we are well suited to be a new team for Formula One and can bring value to the series and our partners, and excitement for the fans. I’m proud to have GM and Cadillac alongside us as we pursue this goal.
"GM and Andretti share a legacy born out of the love of racing. We now have the opportunity to combine our motorsport passions and dedication to innovation to build a true American F1 bid.
“Together, we will continue to follow procedures and steps put forth by the FIA during the evaluation process. In the meantime, we continue to optimistically prepare should we be fortunate enough to have Andretti Cadillac formally approved as a Formula One contender.”
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F1 has made great strides Stateside in recent years. The interest has been seen across the States, with Grand Prixs taking place in both Texas and Miami in 2022, with a third race in Las Vegas debuting in 2023.
Noting this in their statement, Andretti Global commented: "F1 has seen consistent growth globally and most recently in the U.S. with 2023 races in Austin, Miami and Las Vegas.
Confirming the US-based team would opt to use a least one American driver, they added: "The Andretti Cadillac team is planning to submit an Expression of Interest when the FIA opens the formal process. If selected, the team is seeking to compete as soon as practical with at least one American driver."
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