Home/F1
Home/F1
feature-image

Reuters

feature-image

Reuters

Recently, rumors of Andretti Autosport taking over Alfa Romeo Sauber in the future have been doing the rounds. Although running an F1 team comes with extremely high costs, owning one comes with immense prestige. Hence, some believe selling an F1 team to any buyer may seem a poor decision given the growth trajectory of the sport.

Watch What’s Trending Now!

Recently, F1 journalist Michael Schmidt used to summarise his thoughts while referencing Mercedes F1 CEO Toto Wolff.

ADVERTISEMENT

F1 journalist references Toto Wolff while speaking about potential takeover

Recently, Schmidt mentioned how Sauber face a tough situation since they need to choose between fresh funds and staying in F1. He then mentioned a chat he had with Wolff, while mentioning the benefits of staying in F1. He said, “Toto Wolff told me: whoever sells their F1 team now, must be crazy!

“The team is worth much more in one year and even more in two years. F1 is booming. They will even earn a bit more this year than in 2019, so the teams will get the full payout. Many countries are lining up to host a Grand Prix.”

Top Stories

Helmut Marko Drops Bombshell Claims Against Christian Horner Over Red Bull Power Grab Conspiracy

Who Are Lando Norris’s Parents? Meet Adam Norris and Cisca Wauman

Who are Zhou Guanyu’s Parents? Everything We Know About The Chinese Driver’s Family

Max Verstappen’s Siblings: Everything We Know About Victoria, Blue Jaye, Jason Jaxx, and Mila Faye

“Extremely Interested in Pursuing Her”: Tom Cruise Adds Fuel to Dating Rumors With Shakira by Giving Adorable Gift as a Token of Love After Miami GP Get Together

ADVERTISEMENT

Schmidt also spoke about the new era of F1 which will begin from 2022, believing it gives an opportunity to each team. “A regulation change is coming up which could give equal opportunities, budget cap, nobody knows who will win. This generates more interest, which means more money and that means the team’s worth increases. Toto Wolff says he would definitely not sell now.”

Although the 2021 season has six races to go, time is already ticking on the 2022 F1 season. Whether the takeover is imminent or simply a rumor, having Andretti join the sport could certainly change the game.

ADVERTISEMENT

Read Top Stories First From EssentiallySports

Click here and check box next to EssentiallySports

READ MORE: What Would Andretti’s Takeover of Sauber Motorsports Mean for F1 & Alfa Romeo?

Can Mercedes clinch their eighth world title in a row this year?

While the future remains uncertain, the Silver Arrows find themselves in one of their toughest championship battles in the hybrid era.

ADVERTISEMENT

article-image

Reuters

Although the reigning world champions lead Red Bull by 36 points in the constructor’s championship, Lewis Hamilton trails Max Verstappen by six points in the driver’s championship. And with six races to go, this title fight looks set to be settled under the bright lights of Abu Dhabi.

Will Wolff lead the Silver Arrows to yet another championship win? Or has Christian Horner finally found the winning formula he’s been desperately searching for?

ADVERTISEMENT

WATCH STORY: F1 Drivers on the Football Field Featuring Hamilton, Vettel & Schumacher

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT