General Motors plans F1 engine supply from 2028

Most of the existing outfits are opposed to an 11th team diluting their share of the profits. They also argue that a $200m (about R3.68bn) compensation payment to be shared among them is not enough, given teams’ current values.

Michael Andretti, son of 1978 world champion Mario, said last month that he was still aiming to enter the championship in 2025 and had a 2023 specification car ready to go in the wind tunnel.

“At the moment it’s ’25, it could be ’26 but we’ll see,” he said at the US Grand Prix in Austin.

Formula One will have new engine regulations from 2026, with GM set to be the seventh manufacturer if Andretti secure approval. Mercedes, Ferrari, Renault, Audi, Honda and Red Bull-Ford are already committed.

GM said its development and testing of prototype technology was already under way.

“Engineering a F1 power unit will advance GM’s expertise in areas including electrification, hybrid technology, sustainable fuels, high efficiency internal combustion engines, advanced controls and software systems,” the carmaker said.

Andretti had an agreement with Alpine for an engine for the initial seasons, but Bruno Famin, new boss of that Renault-owned team, said recently the deal had lapsed.

“Technically the agreement went out, but once we get our approval that’ll be fixed,” said Andretti. “We’re not worried about that.”

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