Daniel KaliszGetty Images
Andretti Autosport owner Michael Andretti is interested in buying a Formula 1 team and has reportedly started making exploratory calls for certain programs that may be for sale. If he succeeds, he could either replace Haas F1 owner Gene Haas as the sole American team owner in the series, or join him as one of two.
RACER’s Marshall Pruett and Chris Medland report seems to suggest that Andretti has already spoken to Gene Haas about buying his program. Those calls were exploratory and didn’t go any further, leading Andretti to target the two teams owned by private equity firms online instead.
That would be Williams, owned by Dorilton Capital, and Alfa Romeo Sauber, owned by Longbow Finance SA. The racing programs are the only significant publicly available companies owned by both companies, making them strange projects in otherwise simple investment portfolios and viable goals for a potential buyer looking to get into Formula 1. In contrast, every other team on the net belongs to either a single energy drink company (Red Bull and AlphaTauri), an investment group that also owns a large part of a manufacturer (Aston Martin), or the manufacturer itself (Alpine, McLaren.). , Ferrari, Mercedes) and none of them would probably sell.
CART legend and former McLaren Formula 1 driver Michael Andretti currently runs Andretti Autosport, a multi-series racing team currently active in IndyCar, Indy Lights, Formula E, Extreme E, IMSA Prototype Challenge and the IMSA WeatherTech Sports Car Series . You are also co-owner of the Australian supercars team Walkinshaw Andretti United alongside McLaren Racing CEO Zak Brown and the Australian Walkinshaw racing dynasty. Their marquee IndyCar program has won five Indianapolis 500 and four IndyCar championships since Michael Andretti began acquiring what was then Andretti Green Racing in 2003.
Andretti’s father Mario was also Formula 1 world champion in 1978.
This content is created and maintained by third parties and imported onto this page to assist users in providing their email addresses. You may find more information on this and similar content at piano.io
The post Michael Andretti reportedly wants to buy an F1 team first appeared on monter-une-startup.
