|
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 IndyCar
team owner, who also has interests in the electric Formula E and
Extreme E series as well as sportscars, told Reuters last month
when asked about speculation.
"I’ve been working on it (taking over a team) for a long, long,
time. When the right opportunity comes up I’m going to jump at
it. Nothing new to report at the moment, but, who knows?"
Racer.com reported that Andretti had also 'tentatively spoken'
to Williams and Haas but talks with Sauber had made progress.
The Andretti family set up a special purpose acquisition company
(SPAC) this year to raise $250 million through an initial public
offering.
The United States is a key market for Formula One, with a new
race in Miami joining the calendar next year and a growing
audience thanks to the popular Netflix 'Drive to Survive'
documentary series.
A budget cap introduced this season, which will drop to $140
million in 2022 and $135 million in 2023, and financial barriers
to new teams entering above the existing 10 outfits add to the
attraction of a takeover.
Alfa Romeo team principal Frederic Vasseur could not comment on
the speculation when asked at the Turkish Grand Prix on Friday.
"I’m the CEO and team principal and these kind of discussions
are not with me, it would be with the shareholders," said the
Frenchman.
"We have so many rumours and so on that you have to ask the
question to the shareholders of the company."
Ferrari-powered Alfa, languishing ninth in the standings, have
signed Finland's Valtteri Bottas from reigning champions
Mercedes for 2022 but have yet to confirm their full lineup.
(Writing and reporting by Alan Baldwin in London, additional
reporting by Lewis Franck, editing by Ken Ferris)
[© 2021 Thomson Reuters. All rights
reserved.] Copyright 2021 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
 |
|
