News Details
Alpha Tauri sale makes ‘no sense' – Schumacher
Feb.28 Simply getting an official Formula 1 team entry could cost Andretti a staggering $600 million – and even well in excess of $740 million. The sport's existing teams are believed to be pushing the FIA to increase the current $200 million entry fee for new teams up to $600 million. It comes as an Andretti spokesperson, representing the US-based outfit headed by Michael Andretti and championed by his son and F1 legend Mario, confirmed that the entity has now lodged application paperwork with F1's governing body. 'Aware that the Andretti-Cadillac bid has every chance of successfully passing the FIA selection process, the other teams are reportedly working on a new deterrent weapon...
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