News Details
Andretti seeking Formula 1 team buyout opportunity
Michael Andretti is reportedly seeking to expand his vast team ownership into Grand Prix racing through a buyout of an existing Formula 1 team. According to RACER, the Andretti Autosport boss is targeting a takeover opportunity and has held preliminary talks several teams including the Haas F1 Team. A buyout of an existing outfit rather than acquiring an entry is Andretti's preferred approach as any new competitor who wishes to join the grid is required to pay a $200 million entry fee, a provision that was inscribed in the sport's most recent Concorde Agreement and that is intended to protect the prize money of current teams. "It would be great, but there’s a long way to go if it...
Full Story »
Full Story »
You May Also Be Interested In...
Andretti actively looking to acquire F1 team
Michael Andretti, owner of the prolific Andretti Autosport team, has been...
4y ago from MotorsportWeek.com
Andretti pursuing Formula 1 team takeover
The United States could have another team in Formula 1 if the efforts of...
4y ago from Racer.com
Aston Martin Boss Wants To Join Horner-Wolff War Of...
Aston Martin team principal Otmar Szafnauer has said he would...
4y ago from Formula1News.co.uk
Albon eyes IndyCar "opportunity" as F1 backup
Alex Albon has visited the IndyCar paddock as he evaluates his options in...
4y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Toprak Razgatlioglu: I may fail to get my first MotoGP...
No description available...
1h ago from Motorsport.com
Rival MotoGP teams offering "a lot of money"...
No description available...
6h ago from Motorsport.com
Marc Marquez admits ‘my body will force me to retire...
No description available...
1d ago from Motorsport.com
Ducati anticipates ‘2024 version’ of Francesco...
Ducati Team Manager Davide Tardozzi is “very confident” Francesco...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
2d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
3d ago from Motorsport.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
3d ago from MotorsportWeek.c...
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
7h ago from Motorsport.com
Nani Roma: Dakar 2026 at 'F1 level' after close fight
No description available...
1d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
1d ago from Motorsport.com
Luciano Benavides defeats Ricky Brabec by two seconds...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta provides worrying update on key Arsenal...
Arsenal manager Mikel Arteta has revealed that Bukayo Saka is dealing with...
1h ago from SportsKeeda.com
Arsenal latest: 'Ajax close to signing Zinchenko on...
No description available...
1h ago from SkySports.com
'I saw it live, I saw it here. I saw it now again' -...
Arsenal manager Mikel Arteta believes his side were denied a clear penalty...
6h ago from SportsKeeda.com
Nottingham Forest 0-0 Arsenal: Gunners misfire to...
Match report – Player ratings – Arteta reaction – Quotes...
10h ago from Arseblog.com
Comments
Hottest News
Gianpiero Lambiase claims Max Verstappen would have...
Max Verstappen's F1 race engineer Gianpiero... Read More »
2h ago from GPFans.com
F1 legend claims team with ZERO titles has real chance to...
Former F1 champion Damon Hill has warned fans... Read More »
25m ago from GPFans.com
Mercedes fighting to unlock Nürburgring 25H entry for...
Mercedes is going well beyond polite interest to... Read More »
1h ago from F1i.com
