In recent days, the hypothesis of a return of the family is becoming increasingly hot Andretti in Formula 1. A comeback that should have already taken place in 2021, with the ‘climb’ of Alfa Romeo. The failure of the project has not deterred Michael, a former F1 driver, who is back in charge with the new year. At first he tried to buy Williams, now he is trying to build a team of his own, provoking reactions that are not always positive. Indeed, at the beginning he found negative feedback: for example, Mercedes team principal Toto Wolff feared the scenario of a revenue dilution (the $ 200 million tax serves to offset this phenomenon at least in part).
Brown / McLaren are in full support of Andretti entering # F1 and he does not believe there’s any dilution and the Andretti name will only help F1 grow in North America.
He said dilution is obsolete if the Andretti name helps a team sign one new sponsor.
– Jenna Fryer (@JennaFryer) February 26, 2022
It was there that broke the no front McLaren, first with team principal Andreas Seidl and now with CEO Zak Brown. This was confirmed by the colleague of Associated Press Jenna Fryer. Reached in St. Petersburg – Florida, where this weekend’s IndyCar race is held – Brown has proved absolutely in favor of Michael Andretti’s entry into Formula 1. According to the Californian, there would be no dilution of revenue, since the name Andretti would attract further audiences in the United States, and therefore would guarantee more income to the entire movement of the Circus. Furthermore, if the only way to get to Formula 1 is to buy a team, the arrival of an 11th team would strengthen the financial value of the competition.
Brown said adding Andretti would max the # F1 grid, thus creating significant financial value to every team.
Similar to a #NASCAR charter, if the only path into # F1 is through buying a team, maxing the field at 22 then increases the value of the existing teams.
– Jenna Fryer (@JennaFryer) February 26, 2022
The agreement between Andretti and Renault: if the landing in Formula 1 were to materialize, the team would leave in 2024 with French power units.
#Brown #Andrettis #arrival #increase #revenue #FormulaPassionit