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
Brad Binder explains KTM’s rapid pace in Catalan GP...
No description available...
9h ago from Motorsport.com
Marc Marquez: Accepting I might not win at Barcelona...
No description available...
8h ago from Motorsport.com
Brad Binder leads KTM 1-2 in second Barcelona MotoGP...
Brad Binder set a new all-time lap record around the Barcelona circuit to...
12h ago from MotorsportWeek.c...
Francesco Bagnaia baffled by nightmare Catalan GP...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Rinus VeeKay separates from Dale Coyne Racing
Rinus VeeKay will not race with Dale Coyne Racing next season after...
3d ago from MotorsportWeek.c...
Colton Herta leaves IndyCar to pursue F1 with Cadillac...
The Cadillac F1 Team has announced that it has hired IndyCar star Colton...
2d ago from MotorsportWeek.c...
Will Power to replace Colton Herta at Andretti in 2026
No description available...
2d ago from Motorsport.com
IndyCar moves street race from Toronto to Markham for...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Toyota’s Sebastien Ogier races to thrilling comeback...
No description available...
5d ago from Motorsport.com
Sebastian Ogier wants WRC title by “winning...
No description available...
4d ago from Motorsport.com
WRC championship twist as Hyundai retires Adrien...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal plot surprise decision after ‘smart...
Arsenal handed a new contract to Belgian attacker Leandro Trossard last...
12h ago from CaughtOffside.com
'Clause only for Liverpool' revealed as Reds have edge...
Liverpool have the edge over Premier League rivals such as Chelsea and...
18h ago from CaughtOffside.com
Club accelerating efforts to sign Arsenal star while...
Arsenal are reportedly still facing interest in versatile Belgian attacker...
16h ago from CaughtOffside.com
Sources: Tottenham to try again for 50m Arsenal target...
Tottenham are continuing to show a strong interest in a potential transfer...
16h ago from CaughtOffside.com
Comments
Hottest News
Jeremy Clarkson says F1 drivers are all fine - EXCEPT ONE
Jeremy Clarkson has released a cryptic post about... Read More »
5h ago from GPFans.com
F1 2025 Italian Grand Prix – FP2 Results
McLaren's Lando Norris topped the times in the... Read More »
10h ago from MotorsportWeek.com
Ferrari 'is not consistent, but it is fast', claims Leclerc...
Having ended up second in both practce sessions... Read More »
1h ago from F1Technical.net
