Michael Andretti was left with the desire to buy Sauber

There was no agreement on the control of the team and the former pilot concluded the talks.

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The dream of Michael Andretti to have a team in the F1 will remain archived since did not reach an agreement to buy Sauber, structure that is in charge of managing Alfa Romeo Racing. The operation failed due to last-hour changes, according to the ex-American pilot commented.

Andretti had offered 300 million to buy the 80% of the team, which is owned by the Swedish investment fund Islero Investments. Even had agreed to contribute another $ 50 million over five years as a guarantee to cover the budget in case of not having sponsors, but at the last minute the group would have changed the conditions and He would have demanded the 250 million dollars in a single payment.

Michael Andretti“I want to end the rumors that the deal fell through for financial reasons. Unfortunately, at the last minute some things changed regarding the controls and we had to withdraw from the agreement because we could not accept it ", explained Andretti, who aspired to have absolute control of the team.

"I had always said that it was something we would do if it went well, but in the end it has not been like that "Andretti added about the project that included having his compatriot as one of the pilots Colton Hertha.

Beyond this bitter experience, Andretti has not ruled out that he will try again to enter the F.1 in some other possibility. “We will always be attentive to any opportunity. When the time comes to expand, we want it to be with an agreement that lets us know that we will be competitive ”, admitted.

The son of Mario Andretti, champion of the F.1 in 1978, had a fleeting passage through the Máxima as a pilot. In 1993 he ran with McLaren, where he had the Brazilian as a coequipier Ayrton Senna. Although he had arrived with very good scrolls from the CART, was champion in 1991 and runner-up in 1992; their performance was disappointing.

He played thirteen races and in the first three he abandoned due to crashes. His best result was achieved in the Italian Grand Prix with a third place. However, that was his last competition at the World Cup. Ron Dennis, head of the Woking team, tired of his poor performance, he replaced him with the Finn Mika Hakkinen.

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autoworld is the blog about news from the automotive industry, motorsport and the culture of the region. Director: Diego Durruti.

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