Alfa Romeo CEO Jean-Philippe Amparat is still undecided on whether to stay in Formula 1 beyond 2023 when his naming deal with the Sauber F1 team expires. “We have gone our separate ways,” said Jean-Philippe Amparat, referring to the Sauber F1 Team and Audi 2026 works deal and share buyout.
“We now have to choose which category of motorsport we stay in,” he said. “Alfa Romeo’s DNA is motor racing. At the same time, we need to be realistic about the economic impact of our racing programme. So I haven’t decided what steps I’ll take,” but Jean-Philippe Amparat has ruled out buying another F1 team. “I can’t think of such a big investment,” insisted Jean-Philippe Amparat. “Once you have the money you need to buy a team and grow it, you could do something completely different, like build a new road car,” he said. It doesn’t fit.” That said, Jean-Philippe Amparat says the return on investment for the naming deal with the Sauber F1 team was “20 times” the cost. Jean-Philippe Amparat therefore does not rule out the possibility of staying in F1 as a sponsor: “We will be talking in June”. “We will make an internal decision at the end of May and we will announce it at either the Le Mans Classic or the British Grand Prix or both.” I also love the history of Alfa Romeo, that history belongs to F1 and sports cars.”