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'Alfa Romeo to exit F1 after failed negotiations'

It is becoming increasingly likely that we will no longer see Alfa Romeo as a sponsor in Formula 1 next year. The Italian car brand stepped down as Sauber's sponsor after the Abu Dhabi Grand Prix and does not seem to be able to find a new partner in F1.

Zhou Brazil
Rumour
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Around the Monaco Grand Prix, rumours surfaced that Alfa Romeo would become a sponsor of Haas for next year when its partnership with Sauber expired.

However, no official announcement was made as Alfa Romeo itself indicated in early 2023 that it would like to have more clarity regarding its sponsorship in motorsport by the end of the summer.

Following the season-ending Abu Dhabi Grand Prix there is still no official news on whether we will see Alfa Romeo back as a sponsor in motorsport next year. That, according to multiple RacingNews365 sources, is because negotiations between Alfa Romeo and Haas have stalled in recent months.

Both parties have been unable to agree on what Alfa Romeo's sponsorship should look like at a US-owned team. In 2019, Alfa Romeo made a deal with Sauber to become the title sponsor of the Swiss-based F1 squad for a relatively low price.

It marked a strong move by Alfa Romeo that, in the eyes of many casual motorsports fans, made it appear as though it had its own F1 team.

In recent years, however, Formula 1 has completely changed. Financially, teams are going through a great period, and the sport is more attractive now for sponsors amid increased viewership.

Haas secured a major title sponsor this season with MoneyGram. But an automatic consequence of the current F1 boom is that teams can demand more from sponsors, and that is where the kink seems to have appeared in the negotiations between Haas and Alfa Romeo.

Alfa Romeo seemed to be hoping for a deal they had with Sauber in recent years, but that agreement does not match the current market value in F1 and the negotiations ultimately came to nothing.

As a result, the iconic Italian car brand appears set to leave F1 as there seems to be no room for Alfa Romeo sponsorship at other F1 teams.

In all likelihood, Alfa Romeo will focus on other motorsport classes in the coming weeks, perhaps focusing on the World Endurance Championship as a sponsor - however, Stellantis, Alfa Romeo's parent company, is already present in the series with Peugeot.

Alfa Romeo itself is still hoping to announce a new sponsorship in motorsport in December.

Audi and Sauber

Alfa Romeo knew early on that it could no longer be Sauber's main sponsor from 2024 as the Swiss-based team is in the midst of a transition period towards 2026.

When the 2026 season comes, through a partial takeover the team will operate as Audi.

In 2024 and 2025, Audi will gradually take the reins at the team, and with that transition period in mind, it is logically undesirable to have another car brand as a sponsor of the Sauber F1 team.

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  1. https://cdn.racingnews365.com/Avatars/small/default.png

    RichardR

    This article is fallacious. Alfa signed the deal with Sauber in late 2017, not 2019. Although the cars and team carried heavy Alfa sponsorship in 2018, the deal with Sauber didn't come to full fruition until 2019. At that point, Sauber became (in name anyway) Alfa Romeo.

  2. https://cdn.racingnews365.com/Avatars/small/avatars_helmets/avatars_helmets_2024_fa.png

    Bohunkgearhead

    So Haas was too greedy? The team that could always use more funding? Or could it be about the naming of the team? Gene Haas is willing to share space with MoneyGram, but what was Alfa Romeo asking for? Supporting the brand of Haas Automation is why Gene got into this. There is no way he could give that up. His company, his money, his choice. After Rich Energy and Ural Kali, I do not see how I can argue with him.

    • https://cdn.racingnews365.com/Avatars/small/default.png

      Charles Clement

      OK but Alfa Romeo's money was real,not fake like Rich Energy.They never spent a penny in F1,but got publicity,but it was all Negative bad.

  3. https://cdn.racingnews365.com/Avatars/small/default.png

    Gory Moore

    I always thought it was odd having Ferrari engines in an Alpha Romeo sponsored race car. It was kind of like saying "Alpha engines aren't good enough". More bad PR than good. If they don't trust their own engines why should I? Imagine a Ford sponsored car with a Chevrolet engine. That would never happen.

    This comment has been edited on:

    • https://cdn.racingnews365.com/Avatars/small/default.png

      Charles Clement

      Alfa Romeo uses Ferrari engines because Alfa and Ferrari basically belong to the same owners. Did you know that Enzo Ferrari worked for Alfa Romeo before he started Ferrari,and that Alfa Romeo Guilia and Stelvio QVs have Ferrari motors also?What's really odd is Mc Claren and Aston Martin using M-B Power Units.

  4. https://cdn.racingnews365.com/Avatars/small/default.png

    Charles Clement

    Alfa Romeo can't really sponsor another F1 team,unless it has a Ferrari Power Unit. They must stay in the Family. I am still happy they didn't sponsor HAAS because they're a dead end team that's not going anywhere FAST.

  5. https://cdn.racingnews365.com/Avatars/small/default.png

    2engjnr2#48023

    For Alfa Romeo's own good they should leave F1 and find another motorsport where they could use their own cars. Something like WRC or saloon car racing.

  6. https://cdn.racingnews365.com/Avatars/small/avatars_numbers/avatars_numbers_2024_mv.png

    Ronhar

    So...should redbull start making and selling sports cars.???!?!?

    This comment has been edited on:

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