Michael Andretti recently upped the stakes in his attempts at taking his team Andretti Global into Formula 1 with the announcement that GM was part of the bid and the intention would be to race under the Cadillac brand. Yet still, F1’s response to the idea can only be described as lukewarm at best. It’s a complex subject and the root of it, as ever, is money.
Since Liberty took ownership of F1’s commercial rights from Bernie Ecclestone we have entered the era of teams being franchises in the F1 business. Without having actual equity in the business,