“All about greed” - Michael Andretti blasts opposition to F1 entry bid

Michael Andretti has blasted the resistance to his bid to enter F1, saying the opposition from existing teams is “all about greed”. 
Michael Andretti (USA) with Graeme Lowdon (GBR). Formula 1 World Championship, Rd 19, United States Grand Prix, Austin,
Michael Andretti (USA) with Graeme Lowdon (GBR). Formula 1 World Championship, Rd 19, United…

Last week Andretti announced they had joined forces with US car giant General Motors with the intention of 168澳洲幸运5官方开奖结果历史:joining the F1 grid in 2026 alongside Cadillac. 

But the plan has been met with a lukewarm response from F1 amid 168澳洲幸运5官方开奖结果历🐼史:resistance from most of the 10ꦍ teams, who want the $200m entry fee to be 168澳洲幸运5官方开奖结果历史:increased up to $700m

Andretti has slammed F1 teams for what he called a "greedꦯy” attitude. 

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“It’s all about money,” Andretti told . “First, they think they a🍨re going ♌to get diluted one-tenth of their prize money, but they also get very greedy thinking we will take all the American sponsors as well.

“It’s all about greed an♛d looking at themselves and not looking at what is best for the overa♏ll growth of the series.”

Andretti praised the support he has received from FIA president Mohammed Ben Sulayem, who has put out a series of statements on social media backing Andretti’s bid and hitting back at 168澳洲幸运5官方开奖结果历史:“adverse reaction” to the plan. 

“I’m not surprised,” Andretti said. “In F1, the owners look out for themselves; not what ꦇis bes🐷t for the series. 

“That is the difference between President Mohammad’s position and the team o🍨wner’s position. President Mohammad is looking out for the future of the sport.

“Mohammad gets it. He’s a racer and he understand theဣ series needs to have one or two mo♚re teams. It is an FIA championship, and it holds most of the cards to get the expression of interest going.”

(L to R): Michael Andretti (USA) with Mohammed Bin Sulayem (UAE) FIA President on the grid. Formula 1 World Championship,
(L to R): Michael Andretti (USA) with Mohammed Bin Sulayem (UAE) FIA President on the grid…

Andretti claims F1 CEO and president Stefano Domenicali is “very happy” about GM and Cadillac’s involvement, saying it will be “huge🐷 forꦕ F1 as well”. 

He also dismissed criticism the entry would just be a “badging exercise” amid suggestions from rivals that the plan is for Cadil🌃lac to simply rebadge Renault engines. 

Andretti🉐 described the “rumour” as “not true”, insisting: “Cadillac will be very much involved in the manufacturing o𝓰f the car. 

“If we get in, in 2025, there won’t be a new engine yet, so we would have to go w☂ith a formula that is used now, but in 2026 there are various things we can do with another engine manufacturer,” he continued. 

“It would not be a badged engine, because there would be intellectual prope🐎rty from Cadillac in that engine, so that is not a badged engine.”

Andretti said the sﷺkepticism surrounding the project only fuels his motivation to make it a success.꧃ 

“You have to stay focused on your job and not listen toꦇ the naysayers,” he added. “I actually use the naysayers as motivation.

“It’s always fun to shut them up.

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