News Details
Andretti takes step closer to Alfa Romeo takeover
US motorsports organisation Andretti are a step closer to a takeover deal with Sauber Motosports who operates Alfa Romeo's F1 team. An investment company led by Michael Andretti looks set to take over a significant stake in Islero Investments. Islero Investmets, the company set up to take ownership of Sauber Motorsport, is owned by Longbow Finance: the group that bought Sauber back in 2016. As reported via RacingNews365.com, Andretti could potentially spend some 350 million euro to take over both Sauber Motorsport and Sauber Engineering. Andretti has previously expressed an interest in Formula 1 when they were one of the four parties interested in buying Racing Point (then Force India)...
Full Story »
Full Story »
3y ago from FormulaSpy.com
0
You May Also Be Interested In...
'Andretti will make a move to Formula 1 via deal with...
Andretti is a big name in motorsports. Andretti already has a team in...
3y ago from GPBlog.com
Andretti takeover talks with Sauber set to ramp up in...
Team owner Michael Andretti will reportedly meet with representatives of...
3y ago from F1i.com
Andretti linked to F1 move through Sauber takeover
Andretti is reportedly set to take over the Sauber organisation that runs...
3y ago from MotorsportWeek.com
Andretti set for further Sauber F1 takeover talks in...
Michael Andretti’s hopes of taking over a Formula 1 team appear a step...
3y ago from Racer.com
Elsewhere On The Network
Popular On MGPToday.com
Barcelona announced as new MotoGP season finale
MotoGP has officially confirmed that the 2024 season finale will be held...
4h ago from MotorsportWeek.c...
Bagnaia, Martin: Why would we need to be enemies off...
No description available...
5h ago from Motorsport.com
Quartararo explains why he's the Yamaha's traction...
No description available...
1d ago from Motorsport.com
Should MotoGP reconsider its emphasis on sprint races?
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1h ago from Motorsport.com
Robert Shwartzman announced for PREMA’s second...
PREMA has announced that Robert Shwartzman will pilot one of the two cars...
55m ago from MotorsportWeek.c...
Enzo Fittipaldi to run IndyCar test with McLaren later...
Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
3d ago from MotorsportWeek.c...
Enzo Fittipaldi to test with Arrow McLaren this month
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
A Farewell Message from The Checkered Flag
After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...
4d ago from TheCheckeredFlag...
Friday favourite: When a burly Skoda challenged the...
No description available...
4d ago from Motorsport.com
Didier Auriol entering Rally Japan, first WRC start...
1994 World Rally Champion Didier Auriol will run the 2024 season finale in...
6d ago from TheCheckeredFlag...
Popular On GunnersToday.com
Arsenal dealt blow as star man misses training ahead...
No description available...
1h ago from SportsKeeda.com
Arsenal handed major injury boost as key player...
No description available...
2h ago from SportsKeeda.com
In-form Premier League attacker 'attracting interest'...
Paris Saint-Germain join Arsenal and Barcelona in the race for one of...
1h ago from SportsMole.co.uk
'Antagonises the media and antagonises the opposition'...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Why Verstappen's Brazil performance was one for the ages
I’ve got to admit to being a little bit... Read More »
45m ago from Racer.com
F1: 'I'm hurting right now,' admits Vowles
Interlagos carnage leaves Williams with a... Read More »
1h ago from Pitpass.com
Red Bull still 'looking at the facts' regarding Perez's...
While his team mate Max Verstappen thrilled the... Read More »
55m ago from F1i.com
