News Details
Andretti reportedly terminates talks with Sauber
Andretti Autosport has reportedly walked away from a deal to take a majority interest in Sauber, a move that has brought an end to the American motorsport enterprise's ambitions of entering F1, at least in the near term. According to a report from The Race, Andretti was set to acquire an 80% stake in Islero Investments, the entity owned by Swedish Billionaire Finn Rausing which owns Sauber Motorsport and its prime asset, the Alfa Romeo F1 team. The two parties had apparently agreed on a purchase price for the 80% holding in Islero. However, Rausing also reportedly sought a five-year $50m-a-year payment to guarantee Sauber's presence on the grid in F1 to counter any potential future...
Full Story »
Full Story »
You May Also Be Interested In...
Stroll: Andretti would be a great addition to F1
United States-based Andretti Autosport would be a great addition to...
3y ago from GrandPrix247.com
Andretti also approached Haas F1: 'No concrete talks'
Michael Andretti is planning to take over Sauber, which will mean the...
3y ago from GPBlog.com
Ecclestone doubts Andretti bid for Sauber will succeed
Former F1 supremo Bernie Ecclestone doesn't believe that Michael...
3y ago from F1i.com
No doubt about it: 'Andretti has bought Sauber-Alfa...
The topic of discussion lately is the possible takeover of Sauber-Alfa...
3y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
“It can be dangerous” – MotoGP’s Balaton Park...
No description available...
11h ago from Motorsport.com
Fabio Quartararo handed long lap penalty for Hungarian...
No description available...
12h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez takes pole as Pedro...
No description available...
18h ago from Motorsport.com
MotoGP Hungarian GP: Marc Marquez dominates sprint
No description available...
14h ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Milwaukee – Qualifying Results
All 27 drivers of the NTT IndyCar Series buckled in and completed two of...
8h ago from MotorsportWeek.c...
Three Honda drivers to take IndyCar grid penalties at...
The NTT IndyCar Series has announced three grid penalties for this...
12h ago from MotorsportWeek.c...
Josef Newgarden tops the timesheets for Milwaukee’s...
The NTT IndyCar Series took to the historic Milwaukee Mile on Saturday...
12h ago from MotorsportWeek.c...
IndyCar champ Alex Palou clinches Milwaukee Mile pole...
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
2d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Documents signed: Fabrizio Romano explains whether...
All the documents have reportedly been signed for Eberechi Eze to complete...
1d ago from CaughtOffside.com
Report: Arsenal still keen on signing in surprise...
Arsenal may not be finished in the transfer market just yet, with some...
8h ago from FreshArsenal.com
Arteta welcomes Eze but worried by ‘significant’...
t;li>Eze called Arteta last week to ask about potential moveSaka and...
7h ago from TheGuardian.com
Report: Arsenal have launched a £68 million offer to...
Arsenal have been very active in the transfer market this summer, and they...
8h ago from CaughtOffside.com
Comments
Hottest News
Cadillac make second driver signing as Kimi Raikkonen...
Check out the biggest stories from Saturday,... Read More »
8h ago from RacingNews365.com
HISTORY CORNER: Hungary set to host its third MotoGP round
MotoGP has made its return to Hungary this... Read More »
21m ago from F1Technical.net
Cadillac complete F1 driver line-up with second signing
The Cadillac F1 team is taking shape as it has... Read More »
18h ago from RacingNews365.com
