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No, we're not dreaming, we're not joking – this is serious. 'A lot of people on Twitter say, 'You're joking. 'He's further along than a lot of people think, and time is of the essence, as you can imagine. 'He has a good arrangement for an engine supplier already, so all of that would come once this could be announced, officially – all of these things will be told. 'He will be based in England it's all set up, but I can't tell you at the moment. his plans are to field a Formula 2 and a Formula 3 team eventually, out of all of it. 'No one loves Formula 1 more than I do, and just to have the family involved, in this respect, with Michael all in. 'From where I stand, I'm excited about it, as you can imagine,' Andretti continued.

There is, however, a tentative plan for a manufacturing facility in Indianapolis, in which the F1 chassis would be built.Īndretti says his son is going 'all in' to make the project happen, with plans also including a Formula 2 and Formula 3 entry in the future, to cover all steps on the F1 ladder. While the Andretti Autosport team - active in Ind圜ar, Indy Lights, Formula E, Extreme E, Australian Supercars and IMSA - are located in Indianapolis, the US, the planned F1 entry would be based in England. They have a lot of things pending to finalise once they're given the go, and the sooner the better.'Īndretti going 'all in' for a European-based operation

'It will be as important as ever to receive as quickly as possible. Now, the undertaking becomes bigger, because you have to build up, build a team, the objective of being on track in 2024.

They've been working on this flat out since the other opportunities, as far as buying an existing team, dried up.

'Michael and his group, they're committed to the project. If there's any more, they're ready to listen. 'The application, everything, is in hands, and so far, they have met the requirements. 'I thought I would put it out because it's in play,' Andretti explained from his Pennsylvania office, shortly after revealing the news. Andretti's plans to enter Formula 1 are 'solid and real'įollowing his social media post, the elder Andretti took time to update on his son's plans, which he has described as 'very solid and real'.

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