F1 News, Reports and Race Results

Ecclestone doubts Andretti bid for Sauber will succeed

Former F1 supremo Bernie Ecclestone doesn't believe that Michael Andretti's prospective takeover talks with Sauber will come to fruition, as nobody "really wants to go" to Switzerland.

Andretti Autosport is reportedly seeking to takeover Sauber Motorsport and the Alfa Romeo Racing team to secure its entry into Formula 1.

A successful buy-out of the Swiss motorsport group would put a second American team on the grid, and perhaps an American driver, with IndyCar front-runner Colton Herta eventually following at some point Andretti Autosport into F1.

But Ecclestone, who still keeps an ear to the ground regarding Grand Prix's racings affairs, doesn't see a deal happening between Andretti and Sauber.

©AlfaRomeo

"I hardly think Andretti will come to Formula 1," the 90-year-old told Blick.

"Switzerland is not exactly the ideal Formula 1 location for foreigners, even if the conditions are good with the factory and the wind tunnel.

"Above all, the important Brits don’t really want to go there, and they leave relatively quickly for personal reasons!”

"You just don’t feel comfortable without fish and chips", concluded Mr 'E' who has lived part-time in Gstaad for over 35 years.

Initial negotiations between Andretti and Islero Investments which owns Sauber have allegedly already taken place.

But talks were set to continue this week in Austin. However, according to TheRace.com, a potential deal between the two parties which was believed to be a mere formality is now in jeopardy, with Islero's shareholders reportedly split on the decision to sell Sauber to Andretti.

Part of the investment firm's stakeholders are apparently reluctant to sell as they believe their prime F1 asset will only increase in value in coming years, a prospect shared by Mercedes team co-owner Toto Wolff.

"Whoever sells his F1 team now must be crazy," said Wolff. "The team will be worth much more in a year, and even more in two years. F1 is booming."

Gallery: The beautiful wives and girlfriends of F1 drivers

Keep up to date with all the F1 news via Facebook and Twitter

Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.

Recent Posts

A salute to Sir Jack - trail blazer extraordinaire

F1 legend Sir Jack Brabham, one of Australia's greatest sportsmen, was born on this day…

59 minutes ago

The dawn of the GMR-001: Genesis ignites its WEC ambitions!

Feast your eyes on the Genesis GMR-001, the sleek new titan ready to shake up…

2 hours ago

Stroll set for GT World Challenge debut at Paul Ricard

As a sudden forced hiatus puts a halt on Formula 1 this month due to…

3 hours ago

The future of F1 is rising in Qiddiya – and it looks spectacular

Rising from the sun-drenched sands outside Riyadh, Formula 1’s future venue in Saudi Arabia –…

5 hours ago

‘Best version yet of Piastri’ – Stella lauds Aussie‘s Suzuka resurgence

Oscar Piastri stormed back into the spotlight with a strong performance at Suzuka, prompting McLaren…

6 hours ago

Krack sets the record straight: ‘No need to make peace with Honda’

The paddock is never short on whispers, and the current chatter surrounding the Aston Martin-Honda…

21 hours ago