Lately rumors have been circulating that Andretti Autosport will take over Alfa Romeo Sauber in the future. Although there is an extremely high cost to running an F1 team, there is immense prestige in owning one. Hence, some believe that selling an F1 team to a buyer could be a bad decision given the sport’s growth trajectory.
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Recently, F1 journalist Michael Schmidt summed up his thoughts while referring to Mercedes F1 CEO Toto Wolff.
F1 journalist points to Toto Wolff as he talks about a possible takeover
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Schmidt recently mentioned that Sauber is facing a difficult situation as they have to choose between fresh funds and staying in Formula 1. Then he mentioned talking to Wolff while mentioning the benefits of staying in Formula One. He said: “Toto Wolff told me: Anyone who sells their F1 team now has to be crazy!
“The team is worth a lot more in one year and even more in two years. F1 is booming. In fact, they’ll be making a little more this year than they were in 2019, so teams get the full payout. Many countries are queuing up to host a Grand Prix. “
Schmidt also spoke about the new era of Formula 1, which will begin from 2022, as he believed it would give every team a chance. “A regulation change is imminent, which could give equal opportunities, a budget cap, nobody knows who will 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. “
Although the 2021 season still has six races to go, the time for the 2022 F1 season is already running. Whether the takeover is imminent or just a rumor if Andretti joins the sport, it could certainly change the game.
DIVE DEEPER
Can Mercedes win the eighth world title in a row this year?
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While the future remains uncertain, the Silver Arrows are in one of their toughest championship fights in the hybrid era.
Formula 1 F1 – Bahrain Grand Prix – Bahrain International Circuit, Sakhir, Bahrain – March 26, 2021 Mercedes Team Principal Toto Wolff with Red Bull Team Principal Christian Horner during the FIA / Handout press conference via REUTERS
Although the reigning world champion Red Bull leads the constructors ‘championship with 36 points, Lewis Hamilton is six points behind Max Verstappen in the drivers’ championship. And with six races to go, this title fight seems to be settled in the bright light of Abu Dhabi.
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Will Wolff lead the Silver Arrows to another championship title? Or has Christian Horner finally found the formula for success that he was desperately looking for?
WATCH HISTORY: F1 drivers on the football field with Hamilton, Vettel & Schumacher
The post REPORT: Toto Wolff believes F1 teams are “crazy” to consider selling amid Sauber Andretti rumors first appeared on monter-une-startup.
