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 »
4y 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...
4y ago from Pitpass.com

Andretti explains why Sauber F1 deal fell through

Michael Andretti has explained why his recent venture into Formula 1 with...
4y ago from MotorsportWeek.com

Andretti fiercely rejects rumors: "That...

Shortly after the United States Grand Prix it became clear that the deal...
4y ago from GPBlog.com

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

Michael Andretti has revealed talks for a takeover of Sauber collapsed at...
4y ago from GPFans.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar officiating board helps shape Push to Pass...

IndyCar’s new Independent Officiating Board has made one of its first...

IndyCar expands Push to Pass availability

The NTT IndyCar Series has announced a change to the series’ Push to...

Motorsport legend Alex Zanardi dies aged 59

Ex-F1 and CART driver Alex Zanardi has passed away aged 59. His family...

Popular On TotalWRC.com

Popular On GunnersToday.com

'I can tell you' – Journalist confirms Man...

Manchester United are currently leading the race to sign Atalanta’s...
1h ago from CaughtOffside.com

Player ratings: Arsenal 1-0 Atletico Madrid

Arsenal reached the Champions League final for the first time in 20 years...
1h ago from FreshArsenal.com

Arsenal see off Atlético Madrid and feel gnawing fear...

newly found belief Mikel Arteta’s side have shown has now carried them...
2h ago from TheGuardian.com

Bukayo Saka edges Arsenal past Atlético Madrid to...

rything that Arsenal had poured into a hugely impressive Champions League...
2h ago from TheGuardian.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.