Unclear if more teams will buy F1 – Lauda

Mar.20 (GMM) It is still not clear if more teams will join Ferrari in buying into formula one.

Recently, it emerged that after Liberty Media made an offer to the teams, Ferrari had taken possession of shares in the company.

Mercedes team chairman Niki Lauda now tells Handelsblatt: “As far as I know, there is currently an offer on the table that allows the teams to participate in formula one.

“Every team must check for themselves if it makes sense for them or not,” he added.

Lauda is more convinced that Liberty is right to want to make changes to the F1 spectacle.

“Liberty wants to make an event out of formula one (races),” he said. “It is unquestionable that spectators only watching cars in circles for two hours is unattractive.”

Related News

  • 12/11/2016 Liberty expects teams to buy into F1 Nov.12 (GMM) F1 teams are expressing interest in buying into the sport, Liberty Media CEO Greg Maffei has revealed. As Liberty moved to take over from majority owner CVC, it emerged that […]
  • 29/10/2016 Brawn admits F1 top job ‘appealing’ Oct.29 (GMM) Ross Brawn has admitted he is interested in returning to F1. But the former Ferrari and Mercedes chief fended off speculation he could come back from retirement with a […]
  • 20/09/2016 Singapore denies Arrivabene littering reports Sep.20 (GMM) Singapore authorities have rejected reports that Maurizio Arrivabene was detained and fined for discarding a cigarette butt last week. Based on information from the Spanish […]
  • 25/01/2017 Teams turned down offer of F1 shares – Wolff Jan.25 (GMM) F1 teams turned down Liberty Media's offer to become co-owners of the sport. That is the news from Toto Wolff, boss of the championship winning Mercedes team. As the […]
  • 09/02/2017 Schumacher manager questions F1’s Liberty buyout Feb.9 (GMM) Michael Schumacher's former manager is not so sure the takeover by Liberty Media will really be good for F1. So far, since the US media group took over from controversial […]
  • 21/09/2016 Carey wants F1 races to be ‘much bigger’ Sep.21 (GMM) After attending just one grand prix, F1's new executive chairman is already making plans for big changes. Chase Carey was trackside in Singapore, one of the jewels in the F1 […]
  • 16/02/2017 Sydney eyeing F1 after Liberty Media buyout Feb.16 (GMM) Rival city Sydney could use F1's Liberty Media buyout to launch a bid to poach the Australian grand prix. That is the claim of Andrew Westacott, boss of the Melbourne race […]
  • 23/09/2016 Ricciardo not sure radical change good for F1 Sep.23 (GMM) Daniel Ricciardo is not sure radical change is the right move when it comes to improving formula one. Not only are radically different technical regulations on the way in […]
  • 20/01/2017 Liberty urges teams to buy into F1 Jan.20 (GMM) New F1 owner Liberty Media has urged the teams to buy into the sport. Earlier this week, we reported that because the share offer would not include actual voting rights on […]
  • 10/05/2015 2016 German GP return ‘1,000pc safe’ – Hockenheim May 10 (GMM) Hockenheim's boss says he is "1,000 per cent" sure the German grand prix will return in 2016. After failing to rescue this year's event, Bernie Ecclestone said recently […]