According to Lawrence Strol, Canadian owner of billionaire Aston Martin, American Andrei Autosport would be a great addition to Formula 1 if acquisition talks with Sober were successful.
There is growing speculation that Michael Andretti, son of former Grand Prix driver and 1978 champion Mario, leads Switzerland’s Swift Alfa Romeo team.
U.S. motorsport site Racer.com, however, said no announcements were expected at this weekend’s U.S. Grand Prix in Austin, Texas.
“André is a good name. I know his family, and I think they would be a great addition to the game if that were true, ”he told Montreal’s Stroll Reuters ahead of Sunday’s race when asked about the rumors.
“I don’t know much about it except I heard there was some activity the last race.
“I think they do PSPC in the United States. They said they were going to buy something in motorsport. I totally understand, I understand the logic.
The Andretti family raised $ 250 million this year through an initial public offering by the Special Purpose Acquisition Company (SPAC).
The second race will take place in 2022 in Miami, a major development area of Formula One, which is owned by Liberty Media in the United States.
Fashion-earning Stroll is the managing director of British sports car maker Aston Martin which bought a significant stake in 2020.
The Silverstone-based Formula 1 team he bought in 2018 are now competing as Aston Martin and Stroll have big plans for the future.
A new factory and wind tunnel “complex” are under construction, and the group is helping fund a proposed five-year retail sterling bond settlement through the London Stock Exchange in three years this month.
Stroll said the offer was an opportunity for fans and team staff to get involved financially with a minimum initial membership of 1,000 ($ 1,376.40) and multiples of 100.
“This will be a substantial amount for the entire facility,” said the Canadian, adding that the latest cost estimate is around $ 220,220 million.
Stroll said the introduction of Formula 1’s budget cap this season, reduced to $ 135 million by 2023, would change business.
“Each of us is more focused on profit. And a well-functioning Formula 1 team will be the most profitable business, ”he said.
“It’s easy to win when you win games. Now let’s go… playing for the sweet spot of this team that has historically done less.
“We can do a lot more. We will be at the top of the budget. We will be there soon. “
The value of a Formula 1 team is that each newcomer has to pay a fee of $ 200 million to compensate the 10 existing teams to reduce their future share of the game’s total revenue.
This does not apply to anyone who is in charge of an existing group.
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