News Details
Formula 1 team scraps potential million-dollar deal
Article To news overview © Alfa Romeo A potential million-dollar sale of the Sauber Group to Andretti Autosport has been scrapped, RacingNews365 understands from a source close to the negotiations. A few weeks ago the news came out that Michael Andretti, son of racing legend Mario Andretti and owner of American Andretti Autosport, was on the verge of acquiring a large stake in Swiss Sauber Motorsports, who the Alfa Romeo F1 team are operated by. Andretti wanted to acquire 80 percent of the shares of Islero Investments, the current owners of Sauber. However, Sauber's current owners decided not to sell the team because Andretti could not meet certain conditions that were set. The two...
Full Story »
Full Story »
2y ago from RacingNews365.com
0
You May Also Be Interested In...
Bottas unaware of potential Sauber takeover during...
Valtteri Bottas says he was not informed of Sauber's talks with Andretti...
2y ago from F1i.com
Bottas was not aware of possible takeover of Sauber by...
Valtteri Bottas will move from Mercedes to Alfa Romeo next season....
2y ago from GPBlog.com
Ecclestone doubts Andretti bid for Sauber will succeed
Former F1 supremo Bernie Ecclestone doesn't believe that Michael...
2y ago from F1i.com
No doubt about it: 'Andretti has bought Sauber-Alfa...
The topic of discussion lately is the possible takeover of Sauber-Alfa...
2y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Martin to copy Marquez's style after riding...
No description available...
3h ago from Motorsport.com
Marquez says "we’re experts in complicating our...
No description available...
2h ago from Motorsport.com
Vinales "looked like an idiot" after Motegi...
No description available...
48m ago from Motorsport.com
Pedro Acosta rues Motegi MotoGP Sprint crash as...
Pedro Acosta rued his crash in the MotoGP Sprint race at Motegi as 'a...
1h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Rinus VeeKay now free agent for 2025 after confirming...
No description available...
1w ago from Motorsport.com
How Palou cemented his growing legend in IndyCar title...
No description available...
23h ago from Motorsport.com
Alex Palou’s greatness is in a league of its own
No description available...
1d ago from Motorsport.com
Jamie Chadwick completes ‘incredible’ maiden...
Jamie Chadwick completed her first NTT IndyCar Series test earlier this...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC rising star has “zero idea” over future after...
No description available...
1d ago from Motorsport.com
Toyota encouraged for future after Pajari’s WRC...
No description available...
2d ago from Motorsport.com
Janne Ferm hangs up his helmet
Last week's Rally Chile Bio Bío marked Ferm's 90th and final WRC start,...
1d ago from MotorsportWeek.c...
Alonso: Third F1 title my "only priority",...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal v Southampton – live blog
Join us for live blog coverage of our Premier League clash with...
1h ago from Arseblog.com
Arsenal team news: Mikel Arteta makes three changes...
Arsenal attacker Raheem Sterling makes his first Premier League start for...
1h ago from SportsMole.co.uk
Barcelona transfer news: Catalan giants 'the...
Barcelona are reportedly at the head of the queue for Lille forward...
3h ago from SportsMole.co.uk
Arsenal transfer news: Gabriel Jesus offered January...
One of Arsenal's attacker is reportedly offered the opportunity to re-sign...
2h ago from SportsMole.co.uk
Comments
Hottest News
David Schumacher issues emotional statement in...
German racing driver David Schumacher - the son... Read More »
5h ago from GPFans.com
Aston Martin avoiding legal dispute with Adrian Newey F1...
Aston Martin has revealed it will ensure it... Read More »
2h ago from MotorsportWeek.com
F1: Alonso gives up on Triple Crown dream
Unlikely to contest the Indy 500 again, Fernando... Read More »
1h ago from Pitpass.com
