An organization from New Zealand specializing in observe automobiles able to maintaining with fashionable race automobiles has revealed it utilized for entry into Formulation 1.

The corporate is Rodin, maker of the F1-inspired Fzed observe automobile, and it introduced on Thursday that its utility to develop into an F1 group has been rejected by the FIA, the motorsports organizing physique which sanctions F1.

In a press release, Rodin mentioned it anticipates that America’s Andretti International would be the solely profitable new entry for F1. Different entries have been made by an Asia-based motorsports startup by the identify of Lkysunz, in addition to British racing group Hitech Grand Prix.

Andretti International, run by Michael Andretti, proprietor of profitable IndyCar group Andretti Autosport and son of 1978 F1 world champion Mario Andretti, has the backing of Basic Motors for its entry which if profitable will compete as Andretti Cadillac.

Rodin FZED

Within the curiosity of F1 followers, Rodin listed a number of the causes that help its trigger. These embrace being primarily based in New Zealand, which might have made Rodin the one group primarily based within the Southern Hemisphere, being an precise automobile producer with all of the amenities to help an F1 group, and guaranteeing a seat for a feminine driver.

Rodin mentioned it evaluated Jamie Chadwick and was impressed sufficient to supply the British racing driver a seat on its group if the entry was profitable. She presently drives for Andretti Autosport in IndyCar’s Indy NXT feeder sequence. Rodin additionally evaluated New Zealand driver Liam Lawson who’s presently driving in F1 with AlphaTauri, as a alternative for the injured Daniel Ricciardo.

Rodin mentioned its entry would have been totally funded by way of the private wealth of firm founder David Dicker, an Australian novice racer and sophistication champion of the Ferrari Problem one-make sequence who made his fortune within the IT enterprise.

Regardless of the setback, Rodin is continuing with its personal automobile manufacturing plans. The corporate is presently engaged on a V-10 successor to the V-8-powered Fzed. The brand new mannequin shall be referred to as the Fzero and provide efficiency much like an F1 automobile. Rodin mentioned it’s presently testing a prototype for the Fzero, however the firm hasn’t mentioned when manufacturing will begin.