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Andretti Autosport eye controlling stake in Sauber

Several reputable Formula 1 outlets are reporting that Andretti Autosport are seeking a majority stake in the Alfa Romeo F1 team aka Sauber, with a deal reportedly on the cards to be announced at the United States Grand Prix in Austin later this month. In February, it became known that Andretti were scouring the F1 landscape for a possible entry with Tavo Hallmund revealing that the two F1 teams that would top an acquisitions list would be Alpha Tauri and Sauber [Alfa Romeo]. Hellmund said at the time that 'the new Concorde Agreement and other costs caps are making F1 ownership a more attractive option than before.' Andretti Autosport, under Michael Andretti, run programmes in IndyCar,...
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8mo ago from GrandPrix247.com 0
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