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F1 teams “short-sighted” do not welcome Andretti

Andretti has been in talks with the FIA ​​to join Formula One since 2024, failing to take over last year. Alpha Romeo meeting.

But although Andretti’s plans have aroused great interest, not all teams are convinced that the American team needs to be given an automatic slot.

Mercedes Boss Toto Wolf and Red Bull manager Christian Horner made it clear this week Andretti would have to prove it that it can bring added value to F1 before it is welcomed.

“We are the absolute top, it’s the Champions League or the NFL, and the redistribution of franchises is not the goal, it’s not the way it should be, and it’s also not the intention of the F1 and FIA,” said Wolf.

But Brown says there is no doubt that Andretti is exactly the operation that should be encouraged in Formula One, and he thinks the current outfits will only benefit from his arrival.

“I think Andretti as a name, as a very reliable racing team, and knowing who his fans are and who he is, they will undoubtedly help us develop the sport in North America,” Brown told Motorsport.com.

“I think teams that may not support another team are short-sighted.

“Are we trying to develop the sport? Or are we doing something that racing teams have a bad tendency to: think about today, not the future.”

One of the concerns of current teams about new entrants is that their income from television rights may decline, as income will need to be shared between 11 teams instead of 10.

However, the Concord agreement in Formula 1 has a mechanism under which new entrants must pay a $ 200 million breeding fee to cover such a reduction in commercial income.

Zach Brown, CEO of McLaren Racing

Photo: Steven Tee / Drawings of motorsport

Brown believes that focusing on potential losses on this front does not take into account the broad picture of a team like Andretti, which really helps increase the total revenue that F1 brings.

“There’s a breeding fee that covers you for a couple of years,” Brown said.

“But you have to assume that Andretti will help us grow in North America that will compensate for any breeding.

“If it’s $ 100 million, can they help us increase sports revenue by $ 100 million through television and interest in sports? I think so.

“And the easiest thing to do after that is to keep striving to cut costs. In three or four years, after the breeding payments are gone, just cut our budget by $ 10 million a year.”

Brown fully agrees that Formula One needs mechanisms to prevent the entry of unworthy parties, but he thinks Andretti has already shown that his arrival will be a pure positive outcome for all.

“His father is a world champion, he drives in Formula 1 and he has several racing teams,” Brown added.

“I know who his financial patrons are, and that’s exactly the type of investors you want in motorsport.

“Besides, you can only have 12 teams online. So if you have 12, you’re really in a situation where the only way to get into the sport is to buy. So I think it’s also even more boosting the value of all teams.

“Again, I believe it is short-sighted not to want other trustworthy teams to come because of breeding.”

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F1 teams “short-sighted” do not welcome Andretti

Andretti has been in talks with the FIA ​​to join Formula One since 2024, failing to take over last year. Alpha Romeo meeting.

But although Andretti’s plans have aroused great interest, not all teams are convinced that the American team needs to be given an automatic slot.

Mercedes Boss Toto Wolf and Red Bull manager Christian Horner made it clear this week Andretti would have to prove it that it can bring added value to F1 before it is welcomed.

“We are the absolute top, it’s the Champions League or the NFL, and the redistribution of franchises is not the goal, it’s not the way it should be, and it’s also not the intention of the F1 and FIA,” said Wolf.

But Brown says there is no doubt that Andretti is exactly the operation that should be encouraged in Formula One, and he thinks the current outfits will only benefit from his arrival.

“I think Andretti as a name, as a very reliable racing team, and knowing who his fans are and who he is, they will undoubtedly help us develop the sport in North America,” Brown told Motorsport.com.

“I think teams that may not support another team are short-sighted.

“Are we trying to develop the sport? Or are we doing something that racing teams have a bad tendency to: think about today, not the future.”

One of the concerns of current teams about new entrants is that their income from television rights may decline, as income will need to be shared between 11 teams instead of 10.

However, the Concord agreement in Formula 1 has a mechanism under which new entrants must pay a $ 200 million breeding fee to cover such a reduction in commercial income.

Zach Brown, CEO of McLaren Racing

Photo: Steven Tee / Drawings of motorsport

Brown believes that focusing on potential losses on this front does not take into account the broad picture of a team like Andretti, which really helps increase the total revenue that F1 brings.

“There’s a breeding fee that covers you for a couple of years,” Brown said.

“But you have to assume that Andretti will help us grow in North America that will compensate for any breeding.

“If it’s $ 100 million, can they help us increase sports revenue by $ 100 million through television and interest in sports? I think so.

“And the easiest thing to do after that is to keep striving to cut costs. In three or four years, after the breeding payments are gone, just cut our budget by $ 10 million a year.”

Brown fully agrees that Formula One needs mechanisms to prevent the entry of unworthy parties, but he thinks Andretti has already shown that his arrival will be a pure positive outcome for all.

“His father is a world champion, he drives in Formula 1 and he has several racing teams,” Brown added.

“I know who his financial patrons are, and that’s exactly the type of investors you want in motorsport.

“Besides, you can only have 12 teams online. So if you have 12, you’re really in a situation where the only way to get into the sport is to buy. So I think it’s also even more boosting the value of all teams.

“Again, I believe it is short-sighted not to want other trustworthy teams to come because of breeding.”

Reported by Source link

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