Profit isn’t the only reason Andretti-Cadillac is unwelcome in F1. F1 CEO Stefano Domenicali has warned that it is “not very wise” for Andretti officials to accuse existing F1 team bosses of “greed”. Slyem has initiated a process that could allow two new teams to join the grid, openly backing Andretti-Cadillac’s bid.
However, various existing F1 teams opposed the move. Furthermore, Mohammed bin Sulayem was ousted for his autocratic remarks. “What is the upside of that? Only risks, no benefits,” said Haas F1 team principal Guenther Steiner. “Five years ago you got a team for nothing, nobody wanted it and they went out of business. Now suddenly everyone wants a team. ‘Yes, F1 is thriving in the age of Liberty Media. But Gunther Steiner says the 11th team threatens it. “If you put in an 11th team and the economy dips a little bit, suddenly people might struggle to survive,” said Steiner. Christian Horner, head of Red Bull Racing, a much bigger and more successful team, agrees. “Red Bull’s predecessor was Jaguar and it used to be Stewart Ford,” said Horner. “Mercedes history goes back to Honda, BAR, Tyrrell. Aston Martin was Jordan,” he said. “I have no grudges against Andretti, they are great people and Cadillac is a great brand,” he said. “But we need to set standards that don’t undermine the values of the team, especially the smaller ones.” veteran broadcaster Martin Brundle has defended the existing F1 team’s case. “We’ve lost tens of millions, hundreds of millions of dollars, so they’re like, ‘We’re not going to put other teams in the club and take less money because they’re doing well. ’” Ultimately, it looks like the money will be settled either way. But Stefano Domenicali doubts Michael and Mario Andretti’s strategy of calling established F1 teams ‘greedy’. “You can’t pressure us to make a decision because someone is shouting the loudest,” said Stefano Domenicali. “There’s a group of people like Mario and Michael Andretti yelling that they want to be in F1, but it’s not a very smart tactic to say a team is greedy.” “There are other people who want to get in.” “So there is a process to be respected and we will work with the FIA to ensure that.”