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 »
4y 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...
4y ago from GPBlog.com
Andretti takeover talks with Sauber set to ramp up in...
Team owner Michael Andretti will reportedly meet with representatives of...
4y ago from F1i.com
Andretti linked to F1 move through Sauber takeover
Andretti is reportedly set to take over the Sauber organisation that runs...
4y 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...
4y ago from Racer.com
Elsewhere On The Network
Popular On MGPToday.com
KTM riders say top speed advantage has disappeared in...
No description available...
6h ago from Motorsport.com
What the concessions system will look like in MotoGP's...
No description available...
10h ago from Motorsport.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
1d ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Kyle Kirkwood speeds to the top in second Long Beach...
The NTT IndyCar Series held its second practice session on the streets of...
2h ago from MotorsportWeek.c...
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
21h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
23h ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
1d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
1d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Manchester City vs Arsenal: Six things to watch in...
This is the big one – it's Manchester City vs Arsenal at the Etihad...
57m ago from CaughtOffside.com
'Final decision tomorrow' – Arsenal star given...
Arsenal captain Martin Odegaard could reportedly have a chance of playing...
2h ago from CaughtOffside.com
Report: PSG chief holds transfer talks with surprise...
Paris Saint-Germain chief Luis Campos has reportedly held surprise talks...
2h ago from CaughtOffside.com
Mikel Arteta's three-word 'final message' to Arsenal...
Arsenal manager Mikel Arteta has sent a simple three-word message to his...
7m ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen reacts to Nurburgring tragedy on a sad day...
Max Verstappen's latest bid for Nurburgring glory... Read More »
47m ago from GPFans.com
Kelly Piquet irritated by Max Verstappen's Nurburgring bid:...
Kelly Piquet was not too thrilled when she... Read More »
1h ago from GPFans.com
One driver dead after horror crash stops Max Verstappen...
Tragedy struck the Nurburgring on Saturday... Read More »
2h ago from GPFans.com
