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 »
3y 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...
3y ago from F1i.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 Alfa deal dead in the water?

It is understood that Michael Andretti has ended talks that might have...
3y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Portland – Race Results

The final road course event of the 2025 IndyCar season was contested on...

Will Power victorious after tense battle for the top...

IndyCar tackled the final road course of the season on Sunday, completing...

Alex Palou clinches title, becomes IndyCar’s newest...

Alex Palou is the champion of the 2025 NTT IndyCar Series, having locked...

Popular On TotalWRC.com

Kalle Rovanperä hits the jackpot

Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...

Popular On GunnersToday.com

Sources: 100 million fee set for attacker wanted by...

The uncertainty surrounding Rodrygo’s role at Real Madrid has become one...
44m ago from CaughtOffside.com

A new week – possible defensive departures mooted

Welcome to a brand new week, and the countdown is well and truly on to the...
34m ago from Arseblog.com

'Might go' – Arsenal legend names the Gunners...

Arsenal legend Alan Smith believes it might now be the right time for...
18h ago from CaughtOffside.com

Report: Arsenal could bring back former Premier League...

Ademola Lookman has been linked with a return to the Premier League in...
18h 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.