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“It’s All About Money”: Michael Andretti Comes Out Firing on All Cylinders After Jibe From “Greedy” Opposition

Published 01/15/2023, 7:15 AM EST

Formula 1 is on the precipice of a new era. It’s been a while since we’ve had just 10 teams. Ask Formula 1 fans, they would love to see a new face on the grid in the form of a brand spanking new team. However, these sentiments aren’t shared by some of the teams in the F1 paddock. Toto Wolff and Co. have been very vocal about their resistance to the newly announced Andretti-Cadillac venture tailor-made for F1. That being said, Michael Andretti has had enough of the pushback. Hot on the heels of the FIA’s official backing, Andretti has now publicly called out the teams that have been opposing their imminent F1 entry.

Recently, Mohammed bin Sulayem, President of the FIA tweeted, “It is surprising that there has been some adverse reaction to the @Cadillac and @FollowAndretti news.” Even Wolff in the past has shown concerns about an 11th team on the grid diluting the stake of the teams already on the grid.

Now, Andretti has come out and blasted the teams that have shown their opposition to this venture. He told Forbes, “It’s all about money. First, they think they are going to get diluted one-10th of their prize money, but they also get very greedy thinking we will take all the American sponsors as well.”

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“It’s all about greed and looking at themselves and not looking at what is best for the overall growth of the series.”

In addition to the teams opposing an Andretti-Cadillac partnership in F1, there have been other rumors.

Michael Andretti clears the air about Cadillac’s F1 bid

When the whole Andretti-Cadillac venture was announced to the world, the very first thing that popped up was a rumor. It purported that Cadillac’s name was going to be nothing more than a badge on the team wear. However, Andretti has now come out clean about the realities of the whole venture.

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In the same interview, he divulged, “It’s a rumor – it’s not true. Cadillac will be very much involved in the manufacturing of the car. If we get in, in 2025, there won’t be a new engine yet, so we would have to go with a formula that is used now, but in 2026 there are various things we can do with another engine manufacturer.”

“It would not be a badged engine, because there would be intellectual property from Cadillac in that engine, so that is not a badged engine.”

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How competitive would the Andretti-Cadillac partnership be in F1?

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Written by:

Anirban Aly Mandal is a Formula 1 Author at EssentiallySports. In his pursuit for a Bachelor's degree in Law from Symbiosis Law School, he has written multiple academic papers centered around the domain of motorsports. Not only that, but due to his love for F1, he aims to work as a legal advisor in the most prestigious racing series in the world some day.

Edited by:

Varunkumaar Chelladurai

“It’s All About Money”: Michael Andretti Comes Out Firing on All Cylinders After Jibe From “Greedy” Opposition

Michael Andretti clears the air about Cadillac’s F1 bid

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