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Green light for F1 team now ‘really close' – Andretti
Dec.14 Michael Andretti is hoping the green light for his Formula 1 team aspirations will be 'a nice Christmas present'. It is well known that the former McLaren driver, who now heads a US-based motor racing empire including a top Indycar team, is trying to convince F1, the FIA and the existing teams to approve an 11th team entry. It would be financed in part by Group 1001 – a financial services company that already sponsors Andretti's Indycar team via the Gainbridge brand. Group 1001 CEO Dan Towriss played down rumours that Formula 1 as a block is opposed to Andretti's team debut. 'I think a lot of times, the quotes that get pulled out don't really tell the full story,' he told the...
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