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

Mick Schumacher building confidence after first...

Mick Schumacher completed his first oval laps in an IndyCar on Wednesday...
20h ago from MotorsportWeek.c...

Arrow McLaren unveils liveries for 2026 IndyCar...

Arrow McLaren has taken the wraps off its trio of challengers for the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Former Arsenal star hits back at Chelsea boss Liam...

Former Arsenal striker Jay Bothroyd has hit back at Chelsea manager Liam...
1h ago from CaughtOffside.com

Boost for Arsenal as expert rules out one rival in...

Arsenal fans may be relieved to hear that there's seemingly no truth to...
3h ago from CaughtOffside.com

Expert explains why Arsenal transfer fell through but...

Bayern Munich midfielder Leon Goretzka feels his style of play would be...
3h ago from CaughtOffside.com

“I asked them, maybe not politely” - Liam Rosenior...

Chelsea boss Liam Rosenoir deemed an Arsenal support staff enroaching...
5h 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.