General Motors is poised to join Formula 1 in 2026, marking a significant shift in the sport’s landscape. This follows the rejection of Andretti’s bid earlier this year, but a restructured proposal involving GM appears set for approval. The move promises increased competition and excitement for fans, but also raises questions about financial implications for existing teams.
Formula One Management’s (FOM) rejection of Andretti’s bid to enter the 2024 Formula 1 season remains a highly contentious topic, with Mario Andretti expressing disappointment at the offer to reapply in 2028. Andretti’s team has secured General Motors as an engine supplier, which has prompted speculation about a potential conspiracy at play against his team. Toto Wolff, Mercedes team principal, has voiced strong opposition to Andretti’s application, citing the potential dilution of the prize money pool. However, Michael Andretti believes his team’s entry would expand the pool, not diminish it, with support from American conglomerates.
