Why Andretti F1 hopes are not over, even if FOM says no

Despite Andretti Formula having been given the seal of approval by the FIA to join the Formula 1 grid, its entrance to the series is still far from guaranteed. 

The key factor now is that it must agree commercial terms with FOM before it will officially be granted a slot. 

This demand for there to be a commercial deal in place forms part of the two documents (one regulatory/governance, the other financial) that come under the auspices of the…