As revealed by Autosport over the Japanese Grand Prix weekend, Rodin was one of three new F1 team entries that failed to make it past the final selection round from the FIA to join the grand prix grid from 2025 at the earliest.
Their notification means that Andretti Global is now the only squad that still remains in the running, with it anticipated that the American squad will be given the green light by the FIA, subject to it being able to agree commercial terms with FOM.
Although Rodin, which invested in the highly-respected Carlin junior outfit earlier this year, never formally announced its plan prior to the FIA selection process, it has now offered some more details about what it had intended to do.
In a statement issued on Thursday, it confirmed that its bid to join F1 had not been successful but suggested that what it had lined up “justified its merit.”
“We wish to emphasise that our objective here is not to criticise the FIA or seek a reconsideration of its decision,” the company said: “We fully respect and accept the outcome. Our sole purpose is to release information we consider in the public interest to inform the Formula 1 community.”
Rodin planned to construct its F1 cars from its factory in New Zealand, which includes a full engine facility as well as composite capabilities and its own test track. It recently assembled, fabricated and tested its FZero track car there.
While building its own engine for F1 was not on the radar, Rodin suggested that it had the ‘opportunity of discussions for a Ferrari collaboration’ on its F1 project – although it is unclear exactly how far advanced any negotiations were with the Maranello organisation.
Source: Autosport