News Details
Andretti reportedly terminates talks with Sauber
Andretti Autosport has reportedly walked away from a deal to take a majority interest in Sauber, a move that has brought an end to the American motorsport enterprise's ambitions of entering F1, at least in the near term. According to a report from The Race, Andretti was set to acquire an 80% stake in Islero Investments, the entity owned by Swedish Billionaire Finn Rausing which owns Sauber Motorsport and its prime asset, the Alfa Romeo F1 team. The two parties had apparently agreed on a purchase price for the 80% holding in Islero. However, Rausing also reportedly sought a five-year $50m-a-year payment to guarantee Sauber's presence on the grid in F1 to counter any potential future...
Full Story »
Full Story »
You May Also Be Interested In...
Stroll: Andretti would be a great addition to F1
United States-based Andretti Autosport would be a great addition to...
4y ago from GrandPrix247.com
Andretti also approached Haas F1: 'No concrete talks'
Michael Andretti is planning to take over Sauber, which will mean the...
4y ago from GPBlog.com
Ecclestone doubts Andretti bid for Sauber will succeed
Former F1 supremo Bernie Ecclestone doesn't believe that Michael...
4y ago from F1i.com
No doubt about it: 'Andretti has bought Sauber-Alfa...
The topic of discussion lately is the possible takeover of Sauber-Alfa...
4y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Honda stuck at "similar potential" to 2025...
No description available...
16h ago from Motorsport.com
MotoGP to set minimum salary for riders from 2027
No description available...
19h ago from Motorsport.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Firestone introducing ENLITEN Technology for 2026...
No description available...
11h ago from Motorsport.com
Barnes: IndyCar officiating is already starting to...
No description available...
1d ago from Motorsport.com
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
1d ago from MotorsportWeek.c...
IndyCar changes tire usage requirements, makes safety...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Watch: Tottenham fans will love what Archie Gray was...
While the 4-1 scoreline in the North London Derby left Tottenham Hotspur...
7h ago from CaughtOffside.com
'As it stands..': Latest on Liverpool move for 100m...
Liverpool have been heavily linked with a move for Yan Diomande in recent...
9h ago from CaughtOffside.com
'I don’t like all that' – Scholes slams...
Arsenal may have secured a dominant 4-1 victory over Tottenham on Sunday,...
10h ago from CaughtOffside.com
'It’s hard to take that out' - Paul Scholes names...
Paul Scholes has said Arsenal midfielder Declan Rice ‘looks too...
13h ago from SportsKeeda.com
Comments
Hottest News
Mercedes engine strategy revealed as customer teams to get...
McLaren, Alpine and Williams can count on a... Read More »
29m ago from RacingNews365.com
Stroll denies Aston sale as Honda pressure mounts
Feb.25 Lawrence Stroll has dismissed rumours he... Read More »
19m ago from OneStopStrategy.com
Madrid GP step closer as track test planned
Feb.25 Madrid's return to Formula 1 has moved a... Read More »
19m ago from OneStopStrategy.com
