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

How the 2026 MotoGP grid is shaping up

No description available...
3h ago from Motorsport.com

Franco Morbidelli renews with VR46 Racing Team for...

Franco Morbidelli has announced he will remain a satellite Ducati rider...

Popular On IndyCarToday.com

Rinus VeeKay separates from Dale Coyne Racing

Rinus VeeKay will not race with Dale Coyne Racing next season after...
13h ago from MotorsportWeek.c...

Will Power released after 17 years with Team Penske

Team Penske has parted ways with veteran IndyCar driver Will Power, the...
21h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

“It’s easy to criticise if you’re not on the...

Viktor Gyokeres has shared his thoughts on Freddie Ljungberg's criticism...
1h ago from SportsKeeda.com

The good, the bad and the ugly - every club's transfer...

We asked you to rate every Premier League club's summer transfer window -...
2h ago from SkySports.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.