Buyout of AlphaTauri F1 team ‘commercially unviable’, says Rodin founder

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Buyout of AlphaTauri F1 team ‘commercially unviable’, says Rodin founder
Image source: Motorsport Week

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Following speculative talks over the purchase of the AlphaTauri Formula 1 team, Rodin Cars founder David Dicker has said that

Rodin Cars was one of three teams whose application to join the Formula 1 grid was rejected by the FIA. Andretti Formula Racing was the only team that met all the criteria set by the FIA and will now enter commercial discussions with Formula One Management. In response to criticism from existing competitors, prospective entrants have been encouraged to invest in existing teams. Rodin Cars founder, Australian billionaire Dicker, had talks about buying AlphaTauri, but the price was deemed commercially unviable. Dicker is disappointed about not getting into Formula 1 but is actively looking for other opportunities and projects.

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Source: Motorsport Week

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