🚫Andreti's bid to set up a new F1 team has been rejected by Formula 1 management.
💰The decision reflects the lack of value seen in adding a new team to the F1 grid in 2025.
🤝The rejection signals increasing disharmony between the FIA and Liberty Media, the commercial rights holder of F1.
🔄Andreti's proposed entry clashed with the upcoming rules revolution in 2026.
🔧F1 believes that a 2026 entry would present challenges for a novice team in terms of logistics and competitiveness.