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

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Popular On GunnersToday.com

Report: Arsenal eyeing up a move for 20-year-old...

Arsenal are interested in signing Club Brugge midfielder Aleksandar...
6h ago from CaughtOffside.com

Years after snubbing transfer to Liverpool and...

German footballer Julian Draxler has opened up on his failed move to...
12h ago from SportsKeeda.com

‘A quick learner’: how Declan Rice went from...

fielder will be part of the conversation for a Ballon d’Or if he...
11h 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.