The race in Abu Dhabi was Alfa Romeo’s last as title sponsor of the Sauber team. A few months ago, rumors surfaced that the Italian automaker was in talks with Haas, but no official information has emerged since.
According to several sources from Racingnews365, the lack of news is due to the fact that negotiations between Alfa Romeo and Haas have reached an impasse. The parties could not agree on how the collaboration would be structured.
In 2019, Alfa Romeo signed a contract with Sauber and became the title sponsor of the Swiss team at a relatively low price. This was a strong move by the Italian manufacturer, as uninformed viewers may have been under the impression that Alfa Romeo had its own Formula 1 team.
According to rumors, Alfa Romeo hoped to conclude a sponsorship contract with Haas on similar financial terms as with Sauber, but this agreement did not correspond to the current market value of Formula 1 and the negotiations ultimately went nowhere.
Source: F1 News
I am Christopher Clyde, an experienced journalist and content writer with a passion for sports. I have been writing about Formula 1 news for the past five years and am currently employed as an author at athletistic.com, one of the top sports websites in the US.