Negotiation. Last October the indiscretion of a negotiation in the final stages between Michael Andretti and Finn Rausing for the sale of 80% of the shares of the Sauber Alfa Romeo team emerged with force. As the days passed, the figures had also emerged, which quantified the investment in 600 million, divided into 350 for the purchase of the team and 250 as a guarantee for a five-year commitment in Formula 1. There was also talk of impending announcement at the recent United States Grand Prix in Austin and he had made the name of Colton Herta as a driver, ready to revive the dynasty of American standard-bearers in the Circus.
The stop. Suddenly, however, the negotiations ran aground. According to what emerged from the British press, the finalization of the agreement was skipped, finding an insurmountable obstacle on the evaluation of the team, which would have been considered excessive by Andretti. Hence the expectation that then prompted Finn Rausing – owner of Alfa Romeo Sauber – to close the negotiations with a negative outcome, right in the pipeline.
Andretti’s version. “We’re talking about the biggest racing series in the world and it could work wonders for our brand “, stated a Racer the former American driver, already present in IndyCar, Formula E and Extreme E with his own team. “It was really disappointing that the deal didn’t go through. The deal was literally 48 hours to go in that moment”, said Michael Andretti, adding that he is ready to seize new opportunities: “I would still like to get into F1, even if the opportunities are fewer and fewer as there are no real teams for sale right now. We will have to see what happens in the future. For my part there is still interest. With the Sauber Alfa Romeo around May the negotiation began to get underway, but just when we thought we had reached an agreement and were arranging the details, some obstacles emerged that we were unable to overcome.“. And he assured: “There is always a plan B or C. We will see what happens, but I will not give up. New opportunities may arise that are not present now ”.
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