Steiner 'looking to BUY F1 team' in sensational bid
Steiner 'looking to BUY F1 team' in sensational bid
Guenther Steiner could be set for a high profile return to Formula 1 – as a team owner.
The 59-year-old departed Haas as their team principal over the winter after a disagreement with owner Gene Haas over the direction of the team.
READ MORE: Hamilton to open Wolff talks at Mercedes amid Ferrari F1 move uncertainty
Since then, Steiner has been ever-present in the F1 paddock as a TV pundit for various broadcasters and conducted the post-race interviews with the top three in Australia.
But the Italian-American is reportedly setting his sights on returning to team management by buying a stake in an F1 team.
READ MORE: Driver suggests Newey tempted by 'enticing' offer from F1 rivals
Steiner looking to buy F1 team
According to a report from Japanese publication as-web.jp, sources close to Steiner say that he is looking for an owner to sell him a stake in their team.
The report claims that Steiner has already found an investor who is keen to enter F1 and has agreed to pay for a stake. Steiner was quoted as saying that: "I'm not interested in running a team on the same premise as Haas.
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“I've spent so many years in F1 that I want to do more than just participate and score points every once in a while. I want to really compete and try to win.
“I'm not going to come back just to run a team if I don't have that opportunity.”
The report goes on to state that Steiner is potentially interested in Visa Cash App RB, but that Red Bull’s conditions for a sale include running the Red Bull-Ford power unit from 2026 to 2030, having a Red Bull junior driver in the team and continuing to use their wind tunnel.
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