Michael Andretti Michael Andretti has vented his frustration at the opposition he is facing from within the Formula 1 paddock as he looks to found a new team. The American has made no secret of his desire to compete in F1 and last year came close to buying Sauber. That deal ultimately collapsed and set the former McLaren driver down a different path – the creation of an entirely new operation. One of the key hurdles he faces however is Formula 1’s franchise model, and the payment of prize money linked to that structure. Currently, 10 teams share in that pot, paid out by the sport’s commercial rights holders, as compensation for their commitment to compete in the championship. There...
Full Story »