Andretti seeking to enter new team into F1 in 2024

The ex-F1 driver and CART IndyCar champion is pushing ahead with plans to secure a place on the grid and join the world championship grid with a new team, Andretti Global. 

In a post on social media on Friday, the 1978 F1 world champion said his son’s proposed entry has “the resources and checks every box”. 

He added the application is currently “awaiting the FIA’s determination.” 

Michael has applied to the FIA to field a new F1 team starting in 2024. His entry, Andretti Global, has the resources and checks every box. He is awaiting the FIA's determination.

— Mario Andretti (@MarioAndretti) February 18, 2022

It marks the latest attempt to get the Andretti name onto the F1 grid after plans to enter with Sauber-owned Alfa Romeo fell through last year. 

Andretti had been looking to acquire an 80 percent share of Islero Investments to put it control of the Sauber Motorsport and Sauber Engineering divisions before it hit a snag.

Andretti blamed “control issues” for the collapse of the deal ahead of the United States Grand Prix in October. 

“I’d just like to put an end to some of those rumours that the deal fell through because of financial reasons,” he said at the time. 

“That couldn’t be further from the truth and it was nothing to do with that.

“It basically came down to control issues in the final hours of negotiations and that’s what killed the deal.

“I’ve always said that if the deal is not right, we’re not going to do it. And in the end, it wasn’t right.

“And so we continue to look for other opportunities.”

The Andretti operation already boasts several motorsport outfits including a successful IndyCar team, while it has also branched out into Formula E and Extreme E in recent years.