Verizon IndyCar Series team owner and former Formula One driver Michael Andretti has confirmed that he is looking into the possibility of setting up a Formula One team in the future.
Andretti who runs Andretti Autosport in the Verizon IndyCar Series and has teams in Formula E, Rallycross and recently announced the start of a V8 Supercar championship.
Andretti, the son of 1978 Formula One world champion Mario Andretti says that would not be able to enter Formula One on his own and would have to enter a partnership in order to make the project work.
Andretti entered into a partnership with the McLaren Technology Group in 2017 which saw two time Formula One champion Fernando Alonso compete in the 101st running of the Indianapolis 500 presented by PennGrade Motor Oil.
Andretti was also a guest of McLaren at this years United States Grand Prix at the Circuit of the Americas.
Michael Andretti raced in Formula One with McLaren in 1993 alongside Ayrton Senna up to the Italian Grand Prix before moving back to the US for good.
Andretti has been extremely successful in the Verizon IndyCar Series with his team winning back to back Indianapolis 500’s in 2016 with then rookie Alexander Rossi and Takuma Sato this year.