Motor racing-Andretti wins FIA approval of bid to enter F1 as 11th team

FILE PHOTO: Formula One F1 - Italian Grand Prix - Circuit of Monza, Monza, Italy - August 30, 2018 General view of the FiA logo REUTERS/Stefano Rellandini/File Photo

LONDON (Reuters) -Formula One's governing body on Monday backed a bid by American Michael Andretti, son of 1978 world champion Mario, to enter a new 11th team subject to approval by the commercial rights holders.

The International Automobile Federation (FIA) said in a statement that Andretti Formula Racing LLC should progress to the next stage of the application process and commercial discussions with Formula One Management.