Some also feel the current $200 million entry fee, which would be shared among the existing 10 teams as compensation, is not enough.Īndretti labelling team owners as “greedy” did not sit well either.

Other Formula One teams have been lukewarm towards expanding the grid, wary of diluting the overall pot of revenues. Mercedes currently supply four of the teams, Ferrari three. But it’s a drag on your team as well, so you need to be completely well structured.” “We could use a second team because you accumulate more data across four cars than you do with two. “It’s a nice to have, it’s not a must have,” he explained. If they don’t it means that all in all it didn’t work out.”Īlpine, fourth in the constructors’ championship least season, currently supply only their own team, and Rossi said the carmaker did not need a second. If they join, we’ll be happy to join them. “It’s for them to prove it and for the others to assess. “But it’s up to them to show that they can join the Formula One circus and for that they need to go through the hoops, the process in place where they submit applications and they show that they bring value to the F1 circus and teams in general. “We agreed that if they get their licence to run in Formula One, then we will provide them with a powertrain,” Rossi told Reuters at the launch in London of Alpine’s A523 Formula One car. The governing FIA this month formally started a process that could lead to new entrants from 2025.Īndretti Global and General Motors announced in January they planned to compete with a new all-American team using the Cadillac brand and employing at least one US driver. Alpine will supply the engines if Andretti Cadillac win their battle to become Formula One’s 11th team, the Renault-owned sportscar maker’s chief executive Laurent Rossi said.

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