Marchionne not ruling out Sauber takeover by Alfa Romeo
- Published on 18 Apr 2016 13:28
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- By: Rob Veenstra
Sergio Marchionne has not dismissed speculation the struggling Swiss team Sauber could become Alfa Romeo. Marchionne, the Ferrari and Fiat Chrysler president, has been saying repeatedly in the past weeks and months that Alfa Romeo could revive its historic place on the F1 grid.
"This (F1) is the maximum technological expression of the automotive world," he said on a rare paddock visit in Shanghai, "and so considering the objectives of Alfa Romeo, I think the option should be considered. The Alfa myth was born with racing, and somehow we have to get back there," Marchionne added. "When will it happen? I don't know."
The other pressing question is precisely how it will happen, amid speculation Alfa Romeo could enter F1 as another Haas-like satellite outfit. But there have also been rumours Alfa Romeo could simply take over the ailing Sauber outfit, whose facilities in Hinwil, Switzerland, are state-of-the-art in the wake of BMW's former F1 project. Asked about the Sauber buyout rumours, Marchionne is quoted by Italy's Autosprint as answering simply: "If someone will assume all the debts..." (GMM)
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Replies (5)
Login to replymclarenfan1968
Posts: 1,027
Pleas don't, not unless you kick that parasite Monisha out of the team along with her sidekicks whoever they are.
calle.itw
Posts: 8,527
She owns a big share of Sauber, so unless they buy her out I dont see her leaving the team in a close future.
mclarenfan1968
Posts: 1,027
That is unfortunately the only reason she bought the shares of the team, she was always targeting the money when the buyout time came. She was never after improving the team and building on any kind of success.
calle.itw
Posts: 8,527
"If someone will assume all the debts..." what does he meant? Does he imply they need a title sponsor to greenlight the project or what?
khasmir
Posts: 893
Surely the buyer will assume all the debts...
Not sure I like this idea, as an Alfa driver maybe I rather like the Alfa logo on the Ferrari cars ;-)
If they do go down this path it should be a complete buyout, getting rid of Kaltenborn and her lackeys. But Marchionne can dream even if this sounds like a very ambitious project.
And do they really want to start an internal FCA battle?