article-img

Guenther Steiner Tied to Potential F1 Team Takeover Amid Return Plans

1 years ago By Sports Desk

Former Haas team principal Guenther Steiner is in the spotlight with rumors suggesting he is considering a return to Formula 1, this time as a team owner. After replacing him at Haas in early 2024, Steiner is apparently planning an impressive entry, aiming for an ownership position in the existing team.

The rumors gained momentum after Japanese publication Autosport-web reported that Steiner was exploring the possibility of acquiring a stake in an existing F1 team. The move marks a potentially significant comeback for Steiner, who has expressed his determination to compete at the forefront of F1, not just score occasional points.

In previous statements, Steiner has emphasized his desire to compete at the highest level of F1, aiming for wins and podiums, not just participation. He made it clear that he will not return to just manage the team unless there is a real chance to compete for success.

According to reports, Steiner already has the financial resources and investor backing necessary to transition to team ownership. One of the teams mentioned as a possible target for Steiner is Red Bull Racing’s other team, RB. However, any acquisition would require the team to continue using Red Bull engines until 2030 and add a junior Red Bull driver to its line-up.

Red Bull advisor Helmut Marko confirmed that the interest of several interested parties in the acquisition of RB is significant. He explained that while there are many interested parties, the final decision rests with the team’s shareholders. Marko emphasized that the high costs associated with the acquisition of an F1 team make the process difficult, and the final decision has not yet been made.

RB are currently sixth in the 2024 Formula 1 Constructors’ Championship standings, having been decent to date. This season marks the first year without Franz Tost as team manager, with Peter Bayer taking over as team CEO and Laurent Mekies as team manager.

For Steiner, the opportunity to take over the team offers an opportunity to realize his desire to compete and win at the top of Formula 1. His potential entry as a team owner would add a new dimension to the F1 arena, and fans will be eagerly waiting to see how this story unfolds in the coming months.

Leave a Reply

Your email address will not be published. Required fields are marked *

More Recommendations
Unlock a World of Endless Discoveries: Your Personalized Recommendation Engine
article-image

Lawrence Stroll’s Aston Martin project in Formula 1 has been ambitious from the outset, with a clear target: challenging for… Read More

7 months ago Jhon Trevor
article-image

The Indonesian MotoGP 2023 promises to be a thrilling event, with top riders from around the world gearing up to… Read More

1 years ago Sports Desk
article-image

South African rider Brad Binder had a challenging day during the first day of action for the French MotoGP Grand… Read More

1 years ago Sports Desk
article-image

Red Bull Racing Technical Director Adrian Newey shared valuable insights on the team’s latest Japanese Grand Prix updates, as well… Read More

1 years ago Sports Desk
article-image

Formula 1 has been left reeling following the FIA’s latest implementation of draconian new regulations to penalize driver misbehavior. The… Read More

8 months ago Jhon Trevor
article-image

The 2024 WorldSBK season has officially started with the introduction of the new liveries of the Aruba.it Racing – Ducati… Read More

1 years ago Sports Desk
Stories Going Viral
Unleashing the Power of Stories
article-image

Formula 1 enthusiasts around the world are eagerly anticipating the F1 Brazilian Grand Prix 2023, set to take place at… Read More

1 years ago Sports Desk
article-image

The inaugural MotoGP India Grand Prix of 2023 etched itself into the annals of motorsport history, leaving fans breathless with… Read More

2 years ago Sports Desk
article-image

The world of MotoGP is in upheaval following the recent announcement that Honda will part ways with eight-time world champion… Read More

1 years ago Sports Desk
article-image

Nico Rosberg, the 2016 Formula 1 world champion, has categorically ruled out any possibility of returning to the sport in… Read More

1 years ago Sports Desk
article-image

The world of Formula 1 is no stranger to dramatic comebacks, and the latest buzz centers around none other than… Read More

2 years ago Sports Desk
article-image

Shane Byrne, one of the most iconic riders in the British Superbike Championship (BSC), is suing the championship organizers for… Read More

1 years ago Sports Desk
Join Our Exclusive Newsletter and Stay in the Loop!
[newsletter_form form="1"]