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

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...
14h ago from CaughtOffside.com

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

fielder will be part of the conversation for a Ballon d’Or if he...
18h ago from TheGuardian.com

Manchester United and Arsenal step up interest in...

Manchester United and Arsenal have stepped up their pursuit of Belgian...
19h ago from SportsKeeda.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.