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F1: FIA approves Andretti's F1 entry

The FIA has officially given the green light to Andretti Formula Racing's bid to enter F1, which will now be passed to Formula One Management for commercial discussions. Following the conclusion of a comprehensive application process for prospective teams seeking to participate at a competitive level in the Formula One World Championship, the FIA concluded that the application by Andretti Formula Racing LLC should progress to the next stage. Andretti Formula Racing LLC was the only candidate to meet the stringent criteria that was set by the FIA in all material respects from the four teams which lodged formal applications in Phase 2 of the process. The initial call for Expressions of...
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