News Details
Steiner slams Andretti for ‘snobbish' jibe
Jul.10 Even the doubling of the entry fee to an eye-watering $400 million may not be enough to secure Andretti a place on the Formula 1 grid. Michael Andretti was a McLaren driver in 1993 and now at the head of one of the best-known motor racing empires in the United States. And yet, Formula 1, the FIA and most existing teams are not enthusiastic about opening the paddock gates to an eleventh team. Renault-owned Alpine, however, has offered to work with Andretti as engine and technical partner. 'We have spoken to Michael but first he has to manage to enter Formula 1,' team boss Otmar Szafnauer told Speed Week. Initially, a whopping fee of $200 million was required for a new entrant, but...
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3y ago from OneStopStrategy.com
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