WELLINGTON: New Zealand-based Rodin Cars says its application to enter Formula 1 has been rejected by the sport’s governing body.
The company proposed building its cars in New Zealand and planned to reserve one of its two race seats for a female driver.
Andretti Global is expected to be the only bid that will be put forward by the FIA for consideration by F1.
However, F1 officials are likely to turn down the American application to become an 11th team on the grid.
Rodin is the majority shareholder in established feeder series operator Carlin, which runs teams in Formula 4, Formula 3 and Formula 2.
In a statement, Rodin’s Australian founder David Dicker said the company was “financially equipped to fully fund” its F1 ambitions and would have pursued a potential collaboration with Ferrari.