The excitement for the driver market has subsided somewhat, as almost all F1 teams have announced their line-ups for the 2022 season. Since then, rumors have been simmering about the American racing team, Andretti Autosport’s potential entry into Formula 1.
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Many assumed it was just another rumor that would never catch on in reality. But it looks like Andretti is actually looking to take over Alfa Romeo Racing, led by the Swiss team Sauber.
And to back up the statement, F1 reporter Michael Schmidt confirmed that an offer is on the table. With Andretti’s first step, all eyes will now be on Sauber’s decision – do you accept the offer or do you decline it?
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What did the F1 reporter say?
In an interview with Auto Motor Und Sport, Schmidt announced that Andretti is pushing hard to claim ownership of Alfa Romeo. That urge comes months after Andretti’s pursuit of the Haas F1 team failed when Gene Haas immediately turned down her offer.
However, if you look at Alfa Romeo’s financial situation, they don’t seem to be in debt yet. The Ferrari-supported team wants to stay in Formula 1 as long as possible. And as Formula 1 brings drastic changes in the coming years, the sport’s popularity will explode and demands will skyrocket.
Formula 1 F1 – Monaco Grand Prix – Circuit de Monaco, Monte Carlo, Monaco – Alfa Romeo’s Antonio Giovinazzi in action during practice REUTERS / Gonzalo Fuentes
“There is an offer on the table,” said Schmidt, according to PlanetF1. “The question now is whether the owner of the Sauber racing team is satisfied with it or not. It’s a bit difficult to judge because they don’t really need the money and they are big racing fans. “
Schmidt reveals Toto Wolff’s point of view
According to Schmidt, Mercedes pointed out to F1 boss Toto Wolff the absurdity of selling an F1 team at the time. The Austrian apparently thought it was crazy to go without an outfit now as the value of the current teams is likely to grow in the following seasons.
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“Toto Wolff told me: Anyone who sells their F1 team now has to be crazy,” said Schmidt. “The team will be worth a lot more in a year and even more in two years. F1 is booming.
Formula 1 F1 – Belgian Grand Prix – Spa-Francorchamps, Spa, Belgium – August 28, 2021 Mercedes team principal Toto Wolff after the qualifying pool via REUTERS / John Thys
“A regulatory change is imminent that could provide equal opportunities, and the budget cap … no one knows who’s going to win. That generates more interest, that means more money, and that means that the value of the team increases. Toto Wolff says he would definitely not sell now. “
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Overall, pay attention to the developments surrounding Andretti’s possible takeover of Sauber. The decision could go either way. Yes, the value of F1 teams will increase in the coming seasons, but could Sauber’s desperation for financial stability win Andretti a jackpot?
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The post REPORT: Andretti Autopost approaches a possible takeover of Sauber F1 first appeared on monter-une-startup.
