The single-seater track vehicle manufacturer and owner of the junior racing team Carlin, Rodin Cars, has acknowledged that its bid to launch an F1 team has been denied.

The FIA had asked potential new F1 teams to submit bids in January, and just two days later, a combined Andretti-Cadillac entry became the first to become public.

Although we haven't heard anything official just yet, even Rodin acknowledges the Americans' combined presentation will be "the only successful applicant." Rodin was one of three other firms to enter the formal bidding process with less fanfare, but sources suggest only Andretti has reached the final step.

Rodin seemed to be a little miffed at being told "thanks, but no thanks," though. Several crucial areas where it believes it had the advantage over Andretti's plan are highlighted in a statement written by the company's billionaire founder David Dicker.

These include its "state-of-the-art facility in New Zealand," its status as a car manufacturer, the fact that Carlin is owned by it, which enables it to train drivers for Formula 3 and Formula 2 competitions, the possibility of talks over a "collaboration" with Ferrari (you'd think regarding an engine), and adequate funding because of the owner's substantial wealth.

It would have "guaranteed" a female driver on the starting grid, according to Rodin. In an F3 vehicle and its own F2-beating, V8-powered FZed single seater (shown), it claims to have tested Liam Lawson (AlphaTauri's current super sub for the injured Daniel Ricciardo), Jamie Chadwick, and British F4 driver Louis Sharp. "Jamie performed incredibly well, and if she were available, we wouldn't think twice about seating her." Wow.

"Rodin Cars participated in the recent FIA process aimed at gaining entry into the prestigious Formula 1 World Championship," said Dicker. "Unfortunately, our proposal did not go through. This declaration aims to shed light on the essential elements of our offer, which we consider to have supported its merit.

"We would like to make it clear that we are not seeking to criticize the FIA or have its judgment reconsidered in any way. We accept and respect the result in its entirety. To inform the Formula 1 community, we only disseminate material that we believe to be in the public interest.

"We are grateful for the chance to take part in the FIA process, and we offer Andretti our congratulations on their winning proposal. Rodin Cars will keep striving for greatness in the racing industry and being devoted to pushing the limits of motorsport.