Understood about Renault based engines.Because they wouldn't immediately be competitive and therefore bring "value" to the sport.
Of course, the fact that they wouldn't be competitive is due to the requirement for them to be a customer of an existing engine supplier, of which only Renault would offer to be the supplier, due to not supplying any other teams (and we know how uncompetitive the Renault engine is...)
But as for Andretti as a team, well it would be very strange if any team jumped in first season and was competitive right? From my experience of F1, excluding the likes of Brawn, the most successful new team of the last 20 years, is Haas, right?
It seems to be a bit of a backwards way to keep the teams out, "you must be competitive in a sport, you have not competed in".