- FIA has approved Andretti’s F1 entry
- Renault and Andretti’s pre-contract engine agreement previously expired
Renault is open to revisiting talks with Andretti over an engine supply deal if the US-based team is granted an entry to Formula One.
Previously, Andretti had a pre-contract agreement with the French manufacturer, parent company of the Alpine Formula One team, but this expired after the International Automobile Federation’s (FIA) evaluation process took longer than expected.
With Andretti targeting an entry to Formula One in 2025 or 2026, the team must secure another engine deal in the interim if successful – something that appears to be in motion.
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“We are talking to Andretti and to General Motors,” said Bruno Famin, vice president of Alpine Motorsports, as reported by Racer. “If they have an entry, we are happy to resume the talks.
“For the time being, it’s a bit on standby, and not due to us, it’s because the length of the process is much longer than expected, first on the FIA side – the FIA took much more time to answer than they said in the beginning.
“Now the ball is on the Formula One side. If they have an entry, we are happy to discuss with Andretti. What I said last time is that we had a pre-contract; the pre-contract has expired. Factually, right now, we don’t have any legal commitment with them.
“But we are happy to talk with them and see what we can do together. If they have an entry, it’s because they will have demonstrated they will bring a lot of added value to Formula One, and that the value of the championship and the teams will not be diluted due to that.”
It is still unknown how long the Formula One Management (FOM) process will take, but the series’ chief executive Stefano Domenicali has voiced his opposition to Andretti’s entry on numerous occasions.
Racer reports that the anti-dilution fee – the price for a new team to join the Formula One grid to offset revenues being split between 11 teams instead of ten – will be revisited first as part of the next Concorde Agreement, which is up for renewal in 2026.
The current entry fee is US$200 million, which was set before Formula One’s rapid rise in popularity, so teams now feel this should be increased to at least US$600 million.