Formula One rejects Michael Andretti’s bid to join series, will reconsider when GM has engine built

After a six-month review, Formula One announced Wednesday that it had rejected a bid by Andretti Global and General Motors to expand the grid for the 2025 season and said it believed the team would have been incapable of being competitive in the international racing series. “I won’t say anything else because I can’t find any other words besides devastated.” General Motors under its Cadillac brand had signed on to partner with Andretti, but the bid received extreme pushback from most of the existing 10 teams, F1 leadership and Liberty Media Corp., the American company that owns the commercial rights to the series. Andretti Cadillac said it “strongly disagrees” with the F1’s review of the application but gave no indication if it will pursue an antitrust lawsuit against Formula One Management or Liberty. “Andretti and Cadillac are two successful global motorsports organizations committed to placing a genuine American works team in F1, competing alongside the world’s best,” the companies said. “While the Andretti name carries some recognition for F1 fans, our research indicates that F1 would bring value to the Andretti brand rather than the other way around,” F1 said in its decision.