Close Menu
Alpha Leaders
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
What's On
Leopold Aschenbrenner’s hedge fund is betting on power and bitcoin miners to fuel the AI boom

Leopold Aschenbrenner’s hedge fund is betting on power and bitcoin miners to fuel the AI boom

5 March 2026
Trump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by

Trump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by

5 March 2026
Iran war could lead to Khamenei replaced with someone ‘no better,’ Trump says

Iran war could lead to Khamenei replaced with someone ‘no better,’ Trump says

5 March 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Alpha Leaders
newsletter
  • Home
  • News
  • Leadership
  • Entrepreneurs
  • Business
  • Living
  • Innovation
  • More
    • Money & Finance
    • Web Stories
    • Global
    • Press Release
Alpha Leaders
Home » Formula One Rejects Andretti Bid For An Eleventh Team In 2025
Innovation

Formula One Rejects Andretti Bid For An Eleventh Team In 2025

Press RoomBy Press Room31 January 20242 Mins Read
Facebook Twitter Copy Link Pinterest LinkedIn Tumblr Email WhatsApp
Formula One Rejects Andretti Bid For An Eleventh Team In 2025

Formula One on Wednesday rejected a bid by Michael Andretti to join the racing series as an 11th team.

However, F1 said it may revisit the issue for 2028, when General Motors Co. would have an engine for an Andretti team that would promote GM’s Cadillac brand.

According to an F1 statement (via Motorsports.com), current series race car regulations conclude in 2025, with new specs going into effect in 2026.

Andretti proposed “to design and build a car under the 2025 regulations, and then in the very next year to design and build a completely different car under the 2026 regulations,” F1 said in the statement.

The proposed Andretti team would not have a long-term race engine supply until GM was ready to go in 2028, F1 said. The Detroit-based automaker said in November it “formally registered” as an F1 “power unit manufacturer” starting in 2028 as part of an Andretti team.

“We do not believe that there is a basis for any new applicant to be admitted in 2025 given that this would involve a novice entrant building two completely different cars in its first two years of existence,” F1 said in the statement.

“We would look differently on an application for the entry of a team into the 2028 Championship with a GM power unit, either as a GM works team or as a GM customer team designing all allowable components in-house,” F1 added. “In this case there would be additional factors to consider in respect of the value that the Applicant would bring to the Championship, in particular in respect of bringing a prestigious new OEM to the sport” as an engine supplier.

For now, however, Andretti is on the outside looking in with F1. Team principal Michael Andretti is a successful participant in the U.S.-based IndyCar series.

For the Andrettis, F1 is personal.

Mario Andretti, 83 and Michael’s father, was the F1 driving champion in 1978. Michael Andretti, now 61, was a successful driver in U.S. open-wheel racing. He tried to follow in his father’s F1 footsteps in the 1990s. It didn’t work out.

“I’m devastated,” Mario Andretti wrote on X. “I won’t say anything else because I can’t find any other words besides devastated.”

Formula One General Motors Co. Mario Andretti Michael Andretti
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

Related Articles

When Claude Paused: An AI Doomsday Preview And The Question Of Human Survival

3 March 2026

Data Plateau: Hit The Scaling Wall With AI Or Remain An Innovator?

3 March 2026
New Leak Signals Unprecedented Design Change

New Leak Signals Unprecedented Design Change

1 March 2026
Is Tourism A Tool Or A Threat?

Is Tourism A Tool Or A Threat?

1 March 2026
Trust In The AI Age

Trust In The AI Age

1 March 2026
LEGO Pikachu And Poke Ball (72152) Review: Lacking A Spark

LEGO Pikachu And Poke Ball (72152) Review: Lacking A Spark

1 March 2026
Don't Miss
Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

Unwrap Christmas Sustainably: How To Handle Gifts You Don’t Want

By Press Room27 December 2024

Every year, millions of people unwrap Christmas gifts that they do not love, need, or…

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

Walmart dominated, while Target spiraled: the winners and losers of retail in 2024

30 December 2024
Moltbook is the talk of Silicon Valley. But the furor is eerily reminiscent of a 2017 Facebook research experiment

Moltbook is the talk of Silicon Valley. But the furor is eerily reminiscent of a 2017 Facebook research experiment

6 February 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Latest Articles
Exclusive: Venture giant a16z crypto targeting around  billion for its fifth fund, sources say

Exclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund, sources say

5 March 20260 Views
Top AI economist finds link between robots and minimum wage hikes

Top AI economist finds link between robots and minimum wage hikes

5 March 20262 Views
Yes, judge tells Trump: you have to refund all the companies that you charged with illegal tariffs

Yes, judge tells Trump: you have to refund all the companies that you charged with illegal tariffs

5 March 20261 Views
Target is over being ‘an everything store,’ CEO says

Target is over being ‘an everything store,’ CEO says

4 March 20261 Views
About Us
About Us

Alpha Leaders is your one-stop website for the latest Entrepreneurs and Leaders news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks
Leopold Aschenbrenner’s hedge fund is betting on power and bitcoin miners to fuel the AI boom

Leopold Aschenbrenner’s hedge fund is betting on power and bitcoin miners to fuel the AI boom

5 March 2026
Trump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by

Trump’s new 401(k) match collides with a harsh reality: More workers are dipping into their retirement cash just to get by

5 March 2026
Iran war could lead to Khamenei replaced with someone ‘no better,’ Trump says

Iran war could lead to Khamenei replaced with someone ‘no better,’ Trump says

5 March 2026
Most Popular
This ‘retirement nerd’ at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)

This ‘retirement nerd’ at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)

5 March 20262 Views
Exclusive: Venture giant a16z crypto targeting around  billion for its fifth fund, sources say

Exclusive: Venture giant a16z crypto targeting around $2 billion for its fifth fund, sources say

5 March 20260 Views
Top AI economist finds link between robots and minimum wage hikes

Top AI economist finds link between robots and minimum wage hikes

5 March 20262 Views
© 2026 Alpha Leaders. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.