News Details

‘Control issues’ killed Sauber deal - Andretti

Michael Andretti has revealed that “control issues” were the main reason behind the collapse of negotiations to purchase a major stake in Sauber's Formula 1 operation. Andretti has been searching for an F1 project for some time and was in advanced talks with Sauber to secure a controlling stake in the company that would have given him ownership of the Alfa Romeo team. However, after those talks slowed in the weeks prior to the United States Grand Prix — leading to the cancellation of planned meetings in Austin — the deal was called off altogether, and Andretti says it proved not to be the right opportunity for him.
Full Story »
3y ago from Racer.com 0
Share

You May Also Be Interested In...

'Control issues' killed Andretti F1 deal

Keen to end the speculation, Michael Andretti reveals that 'control...
3y ago from Pitpass.com

Andretti explains why Sauber F1 deal fell through

Michael Andretti has explained why his recent venture into Formula 1 with...
3y ago from MotorsportWeek.com

Andretti fiercely rejects rumors: "That...

Shortly after the United States Grand Prix it became clear that the deal...
3y ago from GPBlog.com

Andretti explains "11th-hour" break down of...

Michael Andretti has revealed talks for a takeover of Sauber collapsed at...
3y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Santino Ferrucci issued post-race penalty but keeps...

The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Detroit GP expected to remain downtown amid potential...

Following the conclusion of the Detroit Grand Prix, organizers have...

Popular On TotalWRC.com

Redemption for Ogier

One year on from losing victory on the final stage of Rally Italia...
18h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Report: Arsenal hold talks over potential 100m signing...

Arsenal have reportedly held talks over a potential transfer move for West...
1h ago from CaughtOffside.com

Real Madrid make late move to hijack Arsenal transfer;...

Real Madrid have reportedly joined Arsenal in the race to sign Spanish...
1h ago from SportsKeeda.com

Sources: Manchester United among four PL clubs chasing...

Manchester United are among four Premier League clubs eyeing up a...
19m ago from CaughtOffside.com

Sources: Personal terms agreed, Arsenal want potential...

Arsenal are continuing to work on the transfer of RB Leipzig striker...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.