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20 Aug 2024, 14:33 (Ref:4223208) | #551 | |||
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Meyer Shank have gone over to Ganassi. https://racer.com/2024/08/19/meyer-s...ti-to-ganassi/ |
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23 Aug 2024, 19:19 (Ref:4223550) | #552 | ||
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Kinda like Gene Haas selling off and closing down much of his NASCAR operation, but none of the returns seem to have been diverted to the F1 operations. Of course, that hasn't stopped most F1 mavens and "cheerleaders" from pontificating otherwise...
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23 Aug 2024, 20:59 (Ref:4223557) | #553 | |||
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The Stewart-Haas selloff isn't a change of engines or manufacturer, it is a case of getting out of NASCAR completely and dissolving the partnership, selling the franchises. Personally I think that Tony Stewart has other priorities in his life now and the same can probably be said for Gene Haas. Haas is in fact now investing more into his F1 operation but who knows if any NASCAR sale proceeds are contributing to that - but there does seem to be a higher focus on F1 and I suspect that selling off the NASCAR operation would probably assist with that. |
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24 Aug 2024, 06:51 (Ref:4223589) | #554 | ||
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24 Aug 2024, 07:19 (Ref:4223593) | #555 | |||
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“We’re far from having too much horsepower…[m]y definition of too much horsepower is when all four wheels are spinning in every gear.” ― Mark Donohue |
24 Aug 2024, 11:20 (Ref:4223613) | #556 | |
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So any idea what's gonna happen with those whole congress investigation into F1's treatment of Andretti? Not sure how far it will get
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Today, 18:17 (Ref:4228643) | #557 | ||
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Today, 19:22 (Ref:4228650) | #558 | |
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It seems like a number of news organizations are reporting it. It also doesn't sound like a forced exit. It sounds more like he is stepping away from day to day operational leadership. It makes you wonder what he is looking to spend his time on? Which leads to...
https://www.planetf1.com/features/za...oard-explained So they recently created a shell company designed to act as vehicle for acquiring something else. With Michael, Mario and others including Zak Brown being part of it. I guess this means "watch this space". We can speculate they are going to buy a racing team? Haas maybe? Or maybe it's completely unrelated to F1? Richard |
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Today, 19:25 (Ref:4228651) | #559 | |||
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Someone might suspect the target is a stake in the Spire NASCAR operation as Gainbridge is already a title sponsor over there… |
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Today, 19:46 (Ref:4228655) | #560 | ||
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This adds a bit of spice.... https://twitter.com/jeppe_olesen/sta...07891873317040
Part of that says. "....extra tidbit on Michael Andretti exiting his stake of Andretti Global: On September 5th, Zak Brown was appointed to the Board of Directors of "Andretti Acquisition Corp. II"..... More in the twitter link in terms of corporate info Hmmm |
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Today, 20:06 (Ref:4228659) | #561 | ||
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One item of interest is that many headlines on this call out Andretti giving up "ownership". But in what I have read in some of the articles is that Andretti gave up controlling ownership in 2022. Maybe he has also sold off any remaining ownership (probably not). Richard |
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Today, 20:24 (Ref:4228662) | #562 | ||
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Here is Autosport's article about Andretti stepping back from the operational side of the team: https://www.autosport.com/indycar/ne...team/10658589/
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Today, 20:36 (Ref:4228667) | #563 | |||
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