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‘Loud' Andretti may not provide ‘value' – F1 CEO
Aug.25 Formula 1 is still reluctant to open the sport's paddock gates to a new American team headed by Michael Andretti. Even this week's big news of a new global headquarters for ‘Andretti Global' in Indiana are not enough to pique the interest of F1 CEO Stefano Domenicali. 'At the moment we don't see that adding more teams would bring us more value,' he said. F1's existing teams are also lukewarm about the Andretti project, regarding it simply as the dilution of the lucrative income paid by Formula One Management. Domenicali appears to side with the teams – and is critical of Andretti's recent criticism of the F1 reluctance. 'There are other interested parties who express...
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2y ago from OneStopStrategy.com
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