Unless they buy Alpine, even 2029 is ambitious
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Andretti first announced their F1 plans in February 2022, and they will be on the grid in 2026. That's four years. I.e. why I think 2029 might be manageable. Although of course Andretti/Cadillac might have been able to bring in some aspects from their Indycar side that this guy cant.
They probably will have a much easier time to get their proposal through. Kuwait is a Gulf State so the FIA president will probably strongly suggest to accept the offer. The Gulf States all share the same goal of using high profile sports to wash their reputation clean. And Kuwait has enough money to persuade anyone who has hesitations.
At the same time, The Gulf States are very much competing with each other
They are like siblings who hate each other but at the same time have each other's back.