Why Alfa Romeo is not interested in long term Formula 1 ‘lock in’

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Why Alfa Romeo is not interested in long term Formula 1 ‘lock in’
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Despite a strong return on investment and a boom in F1's popularity, Alfa Romeo continues to decide its involvement one year at a time. CEO Jean-Philippe Imparato explains why the Italian marque doesn't want to lock itself to a long-term deal.

has always been adamant that its ongoing relationship would be decided with yearly assessments.

“I will decide 2023 with our colleagues in the coming weeks,” he tells Motorsport.com. “The question for us is not to plan at five years today. “So, to be clear, any negotiation on the engine, any negotiation and anything in terms of partnership is led by Fred Vasseur and Sauber, in the best interests of Sauber.

“I think I have the best return on investment on earth,” he smiles. “That can be surprising. But we invented with our colleagues from Sauber a new business model that is there is a dual governance between us.”All automotive manufacturers are facing challenging times amid the switch over to electric cars, which is proving hugely expensive.

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