The FIA has officially launched its Expressions of Interest process and aims to invite two new teams to join the Formula 1 grid within the next two years.
President Mohammed ben Sulayem announced the new process last month. It was the first clear sign that the sport, which has been focusing on growth and stability rather than expansion, is willing to consider adding new teams to its ranks.
It was great news for Michael Andretti, who is among those keen to form a new team. But there was a cold response from F1 itself and many of the teams, who are reluctant to dilute their profits.
