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Andretti in takeover talks with Sauber's F1 team

U.S.-based Andretti Autosport is in takeover talks with Swiss-based Sauber, owners of the Alfa Romeo Formula One team, according to media reports. American motorsports website Racer.com reported that 'significant talks' were set for the U.S. Grand Prix in Austin later this month. Motorsport.com cited multiple sources on Saturday saying Andretti Autosport was closing in on a deal to take a majority stake, with talks at a very advanced stage. Michael Andretti -- a former IndyCar champion, grand prix racer and son of 1978 Formula One world champion Mario -- has spoken previously of his interest in acquiring a Formula One team. "There's a lot of reports, rumours, and that stuff," the...
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