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

Santino Ferrucci: Alternate aero package needed for...

For this weekend’s IndyCar finale at Nashville Superspeedway, the...

IndyCar partners with iRacing for standalone video...

The NTT IndyCar Series will feature in a new branded video game title,...

Popular On TotalWRC.com

Rovanperä leads, Fourmaux stars in Paraguay

Kalle Rovanperä and Jonne Halttunen took the lead of the inaugural Rally...

Popular On GunnersToday.com

Mikel Arteta backs Eberechi Eze to make impact on...

t;li>‘He’s a player that loves those scenarios and moments’Saka...
53m ago from TheGuardian.com

Medical this weekend: Ornstein shares latest on...

Arsenal have now agreed on a deal to sign Piero Hincapie from German club...
1h ago from CaughtOffside.com

Arsenal agree Hincapie deal

Arsenal have agreed a deal with Bayer Leverkusen to sign Piero Hincapie on...
1h ago from SkySports.com

No excuses for Arteta and Arsenal with new signings...

ee seasons of work from the head coach on the same host body have led in a...
3h 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.