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Andretti slams 'greedy' F1 teams over entry bid
Michael Andretti has hit out at Formula One teams for being too greedy to see the benefits of his company's proposed entry to the sport with General Motors brand Cadillac in 2026. F1 gave a lukewarm response to the proposed Andretti-Cadillac entry, with a source telling Reuters a "strong majority" among the 10 teams are against expanding the grid and diluting the share of revenues. FIA president Mohammed Ben Sulayem said he was surprised by the "adverse reaction" to the bid and Andretti has no doubt has to what is the reason for the negativity. "It's all about money," Andretti told Forbes. "First, they think they are going to get diluted one-tenth of...
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1y ago from espnF1.com
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