Feb.6 (GMM) Fiat Chrysler could buy the team formerly known as Sauber.
Earlier, it was announced that after more than a quarter of a century on the grid, the Sauber name will be replaced completely by Alfa Romeo from 2019.
The deal has been criticised.
“Sauber is now under the Alfa Romeo flag,” said respected German journalist Michael Schmidt, “but the team has nothing to do with Alfa Romeo except that the money comes from Italy.
“F1 is doing itself no favours with these such things,” the Auto Motor und Sport editor added.
Indeed, Sauber Motorsport will continue to operate the team from Hinwil, with the Alfa branding reflective of the deepening alignment with Ferrari.
Auto Bild, a German magazine, says Fiat could now buy Sauber altogether.
The report said Fiat Chrysler, Ferrari’s parent company, bought the Sauber naming rights for EUR 6 million.
“We have learned that Fiat boss John Elkann also has a purchase option that can be used until the summer,” wrote journalist Ralf Bach.
“One thing is certain: for Ferrari, the close cooperation with Alfa not only means more political power, but the Scuderia almost benefits from a sporting perspective,” he added.
Not everyone is critical of the Sauber-Fiat alliance. Giampaolo Dallara, a well known Italian F1 chassis designer, said Alfa’s involvement makes it a “leading player in F1”.
“I believe that over the years, Alfa Romeo will be able to aspire to become a competitor of the great teams, escaping with time from the role as the so-called Ferrari junior team,” he told the Italian magazine Autosprint.
“I do not see any negative aspect and therefore I am very curious to see the next steps,” Dallara added.
18/02/2019 Peter Sauber to watch Alfa Romeo testing Feb.18 (GMM) Peter Sauber will be on-hand to witness the first day of testing since his name was dropped from the official title of the Swiss based F1 team. Although Sauber Motorsport […]
18/01/2018 Haas-Maserati deal ‘would be good’ – Marchionne Jan.18 (GMM) Sergio Marchionne has repeated his hint that a deal between Haas and Maserati could be on the cards. Last month, the Ferrari president sealed the deal on a title sponsorship […]
03/02/2016 Marchionne wanted Alfa Romeo deal for Toro Rosso Feb.3 (GMM) Fiat Chrysler president Sergio Marchionne wanted Toro Rosso to be powered by Alfa Romeo-branded engines in 2016. That is the claim of Germany's Auto Bild Motorsport, in the […]
07/04/2017 Marchionne retirement plan on track Apr.7 (GMM) Sergio Marchionne's plan to step down as president of the Ferrari parent Fiat Chrysler appears on track. Reports in Italy said news that the 64-year-old's Italian-Canadian […]
15/02/2016 Alfa Romeo could be works F1 team – Marchionne Feb.15 (GMM) Sergio Marchionne says Alfa Romeo could return to formula one as a works team. Earlier, the Ferrari and Fiat Chrysler chief flagged the possibility of the return to F1 of […]
16/01/2018 Marchionne denies eyeing Ferrari buy-in Jan.16 (GMM) Sergio Marchionne has denied that he has plans to buy into Ferrari after stepping down as Fiat president. The Italian-Canadian has already announced that he will retire as […]
02/02/2019 Sauber, now Alfa, gets 2019 budget boost Feb.2 (GMM) Sauber will reportedly enjoy a big budget boost in 2019. The Hinwil based team has a new name for the new season -- Alfa Romeo. "Alfa Romeo Racing, operated by Sauber […]
29/11/2017 Sauber to make announcements on Wednesday Nov.29 (GMM) Sauber is preparing to make some key announcements on Wednesday. Blick newspaper reports that the Swiss team will confirm that its Ferrari engines will be rebranded as Alfa […]
20/04/2016 Kaltenborn not ruling out Alfa Romeo rumours Apr.20 (GMM) Monisha Kaltenborn has joined Sergio Marchionne in not dismissing speculation Sauber might be snapped up by Alfa Romeo. Marchionne, the Fiat Chrysler and Ferrari president, […]