• Loading stock data...
Saturday, August 30, 2025
The biggest names in sports media. All in one room. Get your ticket now!

Andretti Clears Key Hurdle To Launch Formula 1 Team

  • Michael Andretti’s bid to launch an F1 team will move to the final phase of the approval process.
  • F1 owner Liberty Media will make the final decision amid pushback from teams.
Michael Andretti
Joe Skibinski / IndyCar

Formula 1 is one step closer to adding an 11th team to the grid.

The FIA has approved a bid led by American Michael Andretti, commencing the second phase of the expansion process, which will see the group engage in commercial discussions with Formula One Management.

F1 owner Liberty Media will make the final decision on the potential expansion, which will cost at least $200 million and could reach $600 million. The current 10 teams on the F1 grid have publicly opposed the idea of adding new teams but won’t get an official vote on the matter.

The last time F1 had more than 20 cars on the grid was 2016, when 11 teams fielded a total of 22. The maximum allowed under FIA guidelines would be 26. 

An Andretti team wouldn’t launch until 2025 at the earliest.

F1’s Stock Still Rising

With F1’s recent explosion of popularity in the U.S. thanks to Netflix’s “Drive to Survive” docuseries, expanding the grid has been a hot topic as more motorsports stakeholders want in on the action.

In November, F1 is adding its third U.S. race in Las Vegas following the successful debut of the Miami Grand Prix last year. Austin, Texas, has hosted a grand prix since 2012.

Silicon Valley tech giant Apple is also reportedly interested in acquiring F1 media rights — and potentially willing to pay up to $2 billion annually.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Michael Jordan

Texts From Michael Jordan, NASCAR Bosses Aired Out in Court: ‘I Have..

Jordan said he plans on “going down with fire” against NASCAR.

More Dildo Throwing During WNBA Games Leads to Second Arrest

The 18-year-old threw a dildo that hit another fan and his young niece.

Smelling Salts Not Banned in the NFL, but Teams Can’t Hand Them..

Teams are banned from supplying smelling salts to their players.

Featured Today

‘You’re Going to Get Beat Up’: The Liberty’s All-Male Practice Squad

A select group suits up weekly to take on the defending champs.
August 24, 2025

The Honey Deuce Effect: How Tennis Perfected the Signature Cocktail

Sold every 1.5 seconds, they total more than $12 million in sales.
Dec 21, 2024; Austin, Texas, USA; Texas Longhorns quarterback Arch Manning (16) warms up as the Texas Longhorns prepare to play the Clemson Tigers in the first round of the College Football Playoffs at Darrell K Royal Texas Memorial Stadium.
August 23, 2025

Schools Are Hesitant to Allow PE Into Their Athletic Departments

Regardless of budget, schools don’t believe the risk is worth the reward.
Oct 2, 2024; Rosemont, IL, USA; Big Ten commissioner Tony Petitti speaks with the media during the 2024 Big Ten Women’s Basketball media day at Donald E. Stephens Convention Center.
August 22, 2025

‘Not Ready to Jump In’: Power 4 Commissioners Aren’t Sold on PE

Top leaders in college sports have yet to see a satisfactory proposal.
Dallas Wings

WNBA Teams Desperate to Expand Rosters Amid ‘Extreme Hardship’ 

The Wings are scrambling to field eight players Friday night.
August 28, 2025

Selig Backs MLB Salary Cap, but Warns Against Labor Fight

The league’s former commissioner cites salary-cap success in other leagues.
August 29, 2025

Who Are the Richest MLB Owners?

MLB owners are among the wealthiest people in the U.S.
Sponsored

Gareth Bale on MLS vs EPL, Retirement & Buying Cardiff City

Gareth Bale shares his post-soccer business playbook.
May 24, 2024; Minneapolis, Minnesota, USA; Dallas Mavericks owner Mark Cuban celebrates after defeating the Minnesota Timberwolves in game two of the western conference finals for the 2024 NBA playoffs at Target Center.
August 28, 2025

Mark Cuban on Why NBA Expansion Isn’t Imminent

Cuban said the next CBA could help solve some expansion issues.
Aug 24, 2025; Minneapolis, Minnesota, USA; Indiana Fever guard Caitlin Clark (22) looks on from the bench against the Minnesota Lynx in the second half at Target Center.
August 27, 2025

Caitlin Clark Still Out With 2 Weeks Left in WNBA Season

The WNBA regular season ends Sept. 11.
August 27, 2025

Keegan Bradley Declines Rare Ryder Cup Playing Captain Role

Bradley did not choose himself with one of his six captain’s picks.
August 26, 2025

NFL Roster Cut Deadline Passes After Backup QB Carousel

Several high-profile backups were traded or signed with new teams.