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INSIGHT: Why the time was right for Andretti to pursue Sauber
When the proposed takeover of the Sauber Group, which runs the Alfa Romeo Formula 1 team, collapsed, some might have felt it was a good thing for Andretti Autosport. After all, grand prix teams are notorious money pits and Sauber hasn’t exactly set the F1 world alight in recent times, so what possible sense did this deal make for an organization that’s thriving, with teams involved successfully in six categories around the world? Why would it need F1? That view might have held water a few years ago, but F1 has been transformed recently. The very fact that Andretti was eager to acquire an 80% stake in Islero Investments, the Sauber holding company, and that the ownership – effectively...
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