Michael Andretti to takeover existing F1 team?? Reports . . . | Page 7 | FerrariChat

Michael Andretti to takeover existing F1 team?? Reports . . .

Discussion in 'F1' started by pilotoCS, Aug 20, 2021.

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  1. johnireland

    johnireland F1 Veteran
    Silver Subscribed

    Mar 19, 2017
    9,022
    Los Angeles, CA
    Full Name:
    John A Ireland
    So be it.
     
  2. DF1

    DF1 Three Time F1 World Champ

    Andretti mistakes budget limit for team price in terms of total value. This would not have been a long term arrangement. But a 'flip'. I believe with the low offer, they assumed this group who owns Sauber would want to sell, he buys / races for a year or 2 and assumed more value over time and sells.

    There was no sense of this having long term viable scope. I did not sense a 'sustainment'(funding), was in place to keep operating. Rausing showed this was lacking and easily. Andretti should find a GP2 team and work up.
     
    Nembo1777 likes this.
  3. 375+

    375+ F1 World Champ
    Silver Subscribed

    Dec 28, 2005
    13,868
    European culture was alien to Michael as a driver and I suspect still is today. His comfort zone is in the USA, he can thrive and prosper there.
     
    Nembo1777 likes this.
  4. Turbopanzer

    Turbopanzer F1 World Champ

    Oct 2, 2011
    11,120
    Under a bonnet
    Full Name:
    Panzer
    How so?
     
  5. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
    Owner Silver Subscribed

    Characterizing Andretti as not having the resources isn't necessarily accurate. It’s possible his partners just didn’t see the value at the asking price.
     
  6. stever

    stever F1 Rookie
    Silver Subscribed

    Apr 18, 2006
    4,692
    West. Wisconsin
    Full Name:
    Steve R
    What resources does he have? Was his SPAC funded? It was to be $250 million USD, wasn't it?

    Sent from my SM-A102U using FerrariChat.com mobile app
     
  7. Jack-the-lad

    Jack-the-lad Seven Time F1 World Champ
    Owner Silver Subscribed

    Andretti “deserves more respect.”

    :D
     
    Terra likes this.

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