The bid by Andretti Cadillac was initially greenlit by the FIA in October, only to be turned down during the second phase by Formula 1, which clarified its stance in a statement on January 31.
Formula 1, however, did not completely shut the possibility of accepting a manufacturer-supported entry by 2028, a timeline by which Cadillac aims to have its power unit ready.
Entering under a future Concorde Agreement could mean new terms different from the current ones.
The existing agreement includes a $200 million dilution fee, designed to offset the financial impact on the current teams from the introduction of an 11th team sharing the prize money. This fee is distributed equally among the 10 present teams.
According to Motorsport.com, Domenicali commenting on the rejection of Andretti Cadillac for the first time, emphasized that Formula 1 adhered to all proper procedures.
“For sure it’s a point related to the Concorde Agreement,” said Domenicali when asked about future provisions for an 11th team.
“It’s a point of a joint work that has to be done between the FIA and FOM in regard to the different kinds of evaluation that we need to do.
“So I think that with regard to what has happened [with Andretti Cadillac], I think that the process has been followed, and we presented the result in the right way.
“For the future it’s a matter of discussion, of course, with the teams, with the right commercial and technical proposition that will be discussed accordingly, within this year.”
Domenicali however anticipates that conversations about the forthcoming Concorde agreement will commence shortly, hinting that it will broadly resemble the existing one in overall terms.
“We expect to address the renewal of the Concorde Agreement with the teams very, very shortly,” he said.
“Our view that is basically shared with the teams is that basically the Concorde Agreement will need will not need any substantial changes this time around.
“So we’re going to start very, very soon. We had priority to finalise before the end of season talking about regulations, and other stuff with regard to other things that need to be solved before.
“So now, we’re getting close to the time where we’re going to start this discussion. Very, very shortly, as I said.”
