The Sauber group is itself a division of Longbow Finance SA – the Rausing family (of Tetrapak fame) investment vehicle. An further US team alongside Haas and the presence of a local driver (or two) would obviously aid Liberty’s quest – particularly should the Andretti name and brand be involved.Īndretti quit F1 after taking his first podium in his 13th raceThus, it was no surprise when credible sources on late Thursday advised that Andretti was closing on a deal to acquire 80% of what is known as Islero Investments AG, the holding company for the Sauber group of companies, which runs the Alfa Romeo-branded F1 team. Andretti Autosport competes in international categories ranging from Ind圜ar and Formula E through Supercar V8s to Extreme E, the last two series in conjunction with Zak Brown who is also, of course, McLaren Racing’s CEO.į1’s US-domiciled commercial rights holder Liberty Media has long planned to grow interest in the sport in North America through the addition of further grands prix on the continent – hence the addition of Miami to the 2022 F1 calendar.
Though Michael Andretti’s F1 career was less celebrated – he bailed out of his sole season with McLaren before his 1993 campaign was over – he was also an Indycar champion and racked up 42 race victories.Īs a team manager he has been even more successful. Both Michael and father Mario are ex-F1 drivers, the latter crowning his career as 1978 F1 world champion, having also won the Indycar championship, Indianapolis 500 and much else besides. His keenness to take the family name into the sport’s top echelon is easily understood.
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