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Motor racing-Andretti apply for F1 workforce entry in 2024

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(Reuters) – U.S. motor racing entrepreneur Michael Andretti has utilized to launch a brand new Components One workforce ranging from 2024, his father Mario Andretti mentioned on Friday.

The youthful Andretti, a former IndyCar champion and grand prix racer, had been in takeover talks with the house owners of Sauber, who run the Alfa Romeo workforce, however mentioned in November final 12 months that “management points” led to a collapse of negotiations.

“Michael has utilized to the FIA to discipline a brand new F1 workforce beginning in 2024,” Mario Andretti, the 1978 Components One world champion, wrote on Twitter.

“His entry, Andretti World, has the assets and checks each field. He’s awaiting the FIA’s willpower.”

Michael Andretti has pursuits in IndyCar, the electrical Components E and Excessive E sequence in addition to sportscars.

(Reporting by Aadi Nair in Bengaluru; Modifying by William Mallard)

Supply: KFGO