News Details

Andretti explains what ‘killed' Alfa Romeo buyout deal

Michael Andretti says issues surrounding who had control of Alfa Romeo is what 'killed' the deal for him to buy the team. Andretti Autosport were in talks to buy an 80% stake in the Sauber Group, which owns the Alfa Romeo Formula 1 team, that would have brought the American outfit into Formula 1. However, talks broke down at the final stage of negotiations when it came to the day-to-day running of the team, and nothing to do with lack of finances which had been a previous rumour. Speaking as Devlin DeFrancesco was announced as one of his IndyCar drivers for 2022, the team's CEO elaborated on how the deal to make a move to Formula 1 fell through. “I’d just like to put an end to some of...
Full Story »
4y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Andretti says 'control issues' blew up Alfa Romeo F1...

Michael Andretti has revealed that "control issues" left him...
4y ago from F1i.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 Alfa deal dead in the water?

It is understood that Michael Andretti has ended talks that might have...
4y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Trackhouse Aprilia launches two liveries ahead of 2026...

Trackhouse Aprilia satellite team has launched its two new liveries in...
14h ago from MotorsportWeek.c...

Yamaha admits 2026 MotoGP performance will decide...

Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
17h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Will Power sees ‘all the ingredients’ for a...

Will Power is approaching the beginning of his new IndyCar chapter, with...
14h ago from MotorsportWeek.c...

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Mikel Arteta eyes Real Madrid wonderkid, Arsenal keen...

Arsenal are interested in selling the Real Madrid defender, Victor...
8h ago from CaughtOffside.com

Arsenal plan to snag Brazilian prodigy this month,...

Arsenal are interested in signing the Brazilian playmaker Breno Bidon from...
10h ago from CaughtOffside.com

David Ornstein drops massive Arsenal transfer hint,...

Arsenal were reportedly considering a move for the Atletico Madrid striker...
12h ago from CaughtOffside.com

Alan Shearer says only one team can stop Arsenal from...

Alan Shearer believes Arsenal will go all the way to the final of the...
10h 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.