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Andretti Global lodges F1 entry; FOM rejects it, AGREEMENT REACHED [updated again]


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#9001 r4mses

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Posted 25 November 2024 - 21:58

So, who's building that thing? Some european outlet à la Dallara?



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#9002 GiuseppeF1

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Posted 25 November 2024 - 22:21

Instagram post from Dan Towriss’ wife… check out her last sentence 😉

919-B702-F-AB40-41-F5-BD92-A5-B1-BC58810

Edited by GiuseppeF1, 25 November 2024 - 22:23.


#9003 Nathan

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Posted 25 November 2024 - 22:35

Things I noticed;

 

People that said the teams controlled team count and dictate to Liberty were wrong.

 

Maffei pulled off a mic drop on his way out by working out an acceptable deal that brings GM into F1 - something I never thought Id' see.

 

Mario gets a board seat, curious if it will be a legit executive role, or a token 'non-executive'.

 

Prior to the DOJ investigation it was Andretti-Cadillac, now it's just Cadillac.  I guess in America you can tell people 'no'.



#9004 Clatter

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Posted 25 November 2024 - 22:46

Well, as evidenced by today. Anything can be overturned when the people and money is in place. I'm normally a pessimist but I am feeling positive for now, this is a good trend, now we need to build on it 

 


I hope so too, but if they don't change the number of teams allowed, I do think they will raise the dilution fee to a far higher level in the hope of deterring others.

Edited by Clatter, 25 November 2024 - 22:51.


#9005 jonpollak

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Posted 25 November 2024 - 23:02

Maybe just call them Candretti.  

Shirley you mean CadDretti.

Jp



#9006 New Britain

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Posted 25 November 2024 - 23:10

 

Things I noticed;

 

People that said the teams controlled team count and dictate to Liberty were wrong.

 

Can you point to one post amongst the 9,000 in this thread in which someone claimed that 'the teams controlled team count and [could] dictate to Liberty'?

No one has said that. What was said by many was that the teams had leverage over Liberty and Liberty responded to that leverage by rejecting Andretti. It was precisely because Liberty had a choice in the matter yet rejected Andretti that many of us have been denouncing Liberty!

 

Secondly, if you mean to insinuate that Liberty's volte-face is somehow evidence that the teams had no role over the original rejection, that would not follow. The teams will reportedly be getting more than twice as much extortion money as the new entry fee, and they will have achieved that whilst under investigation by the DoJ. Do you not think that an extra $250m plus the threat of an anti-trust judgment against them might have caused them to 'reconsider' their original position?



#9007 pdac

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Posted 25 November 2024 - 23:20

Can you point to one post amongst the 9,000 in this thread in which someone claimed that 'the teams controlled team count and [could] dictate to Liberty'?

No one has said that. What was said by many was that the teams had leverage over Liberty and Liberty responded to that leverage by rejecting Andretti. It was precisely because Liberty had a choice in the matter yet rejected Andretti that many of us have been denouncing Liberty!

 

Secondly, if you mean to insinuate that Liberty's volte-face is somehow evidence that the teams had no role over the original rejection, that would not follow. The teams will reportedly be getting more than twice as much extortion money as the new entry fee, and they will have achieved that whilst under investigation by the DoJ. Do you not think that an extra $250m plus the threat of an anti-trust judgment against them might have caused them to 'reconsider' their original position?

 

I remember plenty of posts where people were saying that Liberty caved in to the demands of the teams and this was after several team bosses questioned whether F1 needed any more teams. That could be taken as suggesting that the teams were controlling the team count.



#9008 GiuseppeF1

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Posted 25 November 2024 - 23:20


Things I noticed;


People that said the teams controlled team count and dictate to Liberty were wrong.


Maffei pulled off a mic drop on his way out by working out an acceptable deal that brings GM into F1 - something I never thought Id' see.


Mario gets a board seat, curious if it will be a legit executive role, or a token 'non-executive'.


Prior to the DOJ investigation it was Andretti-Cadillac, now it's just Cadillac. I guess in America you can tell people 'no'.

In Mario’s own words today via X, it will be a non-executive role because he “doesn’t want a job”…

https://twitter.com/...1667724765?s=46

Edited by GiuseppeF1, 25 November 2024 - 23:21.


#9009 Anja

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Posted 25 November 2024 - 23:28

Let's not forget about the man without whom this might not have happened.

 

9bmv5l.jpg



#9010 New Britain

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Posted 25 November 2024 - 23:29

I remember plenty of posts where people were saying that Liberty caved in to the demands of the teams and this was after several team bosses questioned whether F1 needed any more teams. That could be taken as suggesting that the teams were controlling the team count.

I remember those posts, as I wrote some of them. Hence in my last post I used the word 'leverage'. Leverage, pressure, and influence are not the same things as control or diktat, which is why Liberty did indeed have a choice, but made the wrong one.

 

Is the argument that billionaire tough-guy John Malone literally 'had no choice'?



#9011 TecnoRacing

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Posted 25 November 2024 - 23:47

In Mario’s own words today via X, it will be a non-executive role because he “doesn’t want a job”…

https://twitter.com/...1667724765?s=46

I'm glad he's still a part of this - will be good to have him milling about and glad-handing in the paddock and on the grid.

I think it's also highly unlikely Mario would still be a part of this project in any form if the Towriss/Michael Andretti relationship were a completely fractious one (if Michael had been betrayed or back-doored outright.) Mario was/is always very loyal to his son.


Edited by TecnoRacing, 25 November 2024 - 23:48.


#9012 917k

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Posted 25 November 2024 - 23:55

New thread needed ASAP



#9013 RainyAfterlifeDaylight

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Posted 26 November 2024 - 00:13

Apparently Andretti might get Ferrari PU not Honda.

 

Curious to know the reason why! Surely they have some insights regarding the decision to not choose Honda!



#9014 arrysen

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Posted 26 November 2024 - 00:43

In the US I think it is a bigger deal than F1 generally.

Might be, but also maybe not - F1 has had such a lift there it's hard from overseas to know but for sure Andretti is a big deal in the racing world there. Wasn't what I was responding to though - the claim being made initially was that in the F1 world, the name Andretti had as much history as Lotus, Brabham, Ligier or Renault, which of course it does not.

 

Yes, all four won a single WDC, but the comparison ends there. At least in the most important market of the US, the Andretti name has been deeply and continuously involved in high-profile racing for the last 60 years.

The discussion was about history "in the F1 world" and not the US, that the Andretti name had just as much history as Lotus, Brabham, Ligier or Renault, which in the F1 world is not the case. Hence I don't feel personally that the lack of the Andretti name in the new team is a big deal. 



#9015 flymo

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Posted 26 November 2024 - 00:55

Cadillacura, Cadallino Rampante, whatever! On yer horse, boys, '26 is right around the corner!

#9016 Risil

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Posted 26 November 2024 - 01:15

New thread needed ASAP


Here it is (thx KWSN) https://forums.autos.../#entry10791718