Formula One's governing body is ready to start a process for new teams to enter the championship, president Mohammed Ben Sulayem said on Monday.
The move could open the door to American Michael Andretti's Andretti Global F1 project, which has so far met little encouragement from most existing teams and Formula One management."I have asked my @FIA team to look at launching an Expressions of Interest process for prospective new teams for the FIA @F1 World Championship," International Automobile Federation head Ben Sulayem posted on Twitter.
McLaren and Renault-owned Alpine have been supportive of Andretti's plans but other teams have questioned the commercial benefit of a new entrant. For that reason any new entrant must pay a $200 million fee to enter, with the money shared by the existing teams as compensation.
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