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True cost of Andretti arrival revealed as potential $600m deal softens blow

The FIA's decision to approve Andretti for a spot on the F1 grid as the 11th team could cost the existing team's "$11 million per year". ....

Karun Chandhok , Michael Andretti , Christian Horner , Red Bull , Formula One Management , Concorde Agreement , Home Page ,

FIA approves 'Andretti Formula Racing' F1 application

The FIA has formally announced it has approved Andretti’s application to join the Formula 1 grid, meaning the project is now able to proceed to negotiations with Formula One Management (FOM). ....

Mohammed Ben Sulayem , Ben Sulayem , Michael Andretti , Andretti Formula Racing , Formula One Management , Formula Racing , Unit Regulations , Formula 1 , Andretti Global ,