It is believed that Andretti's bid to bring a team to Formula 1 has support of about half the current teams.

, Liberty Media CEO Says Michael Andretti in F1 Is 'Not a Pressing Need'
Penske Entertainment/Joe Skibinksi

Prospective Formula 1 team owner Michael Andretti found resistance in the F1 paddock when he spoke with current team principals during the recent Miami Grand Prix weekend.

The former McLaren F1 driver and current IndyCar team owner is trying to convince F1, the FIA and his potential rival teams to open the doors to an eleventh team entry for 2024. One hurdle is the sport’s commercial owner, Liberty Media.

“I don’t think it’s a pressing need,” Greg Maffei, Liberty’s CEO, said at a Bloomberg event when asked about adding new teams like Andretti to Formula 1.

, Liberty Media CEO Says Michael Andretti in F1 Is 'Not a Pressing Need'

FIA president Mohammed Ben Sulayem and Liberty Media CEO Greg Maffei talk at the recent F1 Miami Grand Prix.

Jared C. TiltonGetty Images

Even the FIA, now led by Mohammed Ben Sulayem, is reportedly not keen to the idea, even though Andretti says a meeting with the new president in Miami “went good.”

“I think he is in support, but there’s a big process. We’re not going to get an answer for a while,” Andretti said. “It could be all the way to September or October.”

In the meantime, his Andretti Global subsidiary is hiring new staff and plans for a Formula 1 factory in Indianapolis is slated to begin in late summer. The biggest pushback for Andretti appears to be from the Formula 1 teams themselves.

Haas team principal Gunther Steiner was more robust in his push-back on Thursday of Miami GP week. For some, the resistance is obvious, as an eleventh team simply dilutes the value of their own franchise. Dividing the end-of-the-season prize money among 10 teams means bigger pieces for everyone.

“I think at the moment that 10 teams, 10 solid teams, is a good solution,” said Steiner. “We as a team, we don’t need more.”

To bolster the bid, Andretti went around to all 10 team principals in Miami asking them to sign a document that would be presented to F1’s authorities.

According to rumors, only about half of them signed on.

“I’m not surprised at all that some of the race teams take a very selfish view on what should or shouldn’t happen in motor racing,” said McLaren CEO Zak Brown, a fellow American.

Red Bull’s Christian Horner hinted that it will be up to Liberty Media to decide how to handle the Andretti bid, and such as how much the other teams are compensated.

“I think it is more of an issue with the Liberty guys,” Horner said, confirming that he met with Andretti. “At the end of the day, it’s purely fiscal. Ultimately, it’s a question for the rights holder on how much they value that eleventh team.”

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