Michael Andretti denies rumors that the takeover was Sauber canceled for financial reasons and the American tells how it actually went.
The rumor he vehemently denies is the story that the deal with Andretti, which would take the majority share Sauber's shares, failed because Andretti Sports he refused to agree to the expensive five-year contract of owner Sauber Finn Rausing. A colleague from the portal The Race the American said: “I would just like to end some of these rumors that the business went bankrupt for financial reasons. This is by no means true and is far from the truth.”And what was the reason for canceling this deal?
Andretti Sports he wanted to take a majority stake in the group Clean. By doing so, he is leading the entire team Formula 1 became a major part of the debate. “In essence, there were issues of control in the last hours of the negotiations, and that completely ruined the agreement. I’ve always said that if the deal isn’t right, we won’t do it. And in the end, it wasn't right," so Michael Andretti, who adds the last sharp message in the same breath: "As I’ve commented before, don’t believe the rumors as you’ve heard why there was no deal. It had nothing to do with finances or anything like that."