The Fiat Crysler group have an option to purchase the Alfa Romeo Racing Team according to reports in the UK today.

Fiat reportedly paid Longbow finance £6 million for the naming rights to the former Sauber F1 Team.

The reports says that Fiat’s option to purchase the Swiss outfit runs out during the summer.

Alfa Romeo Racing have brought in former Ferrari driver Kimi Raikkonen and Antonio Giovinazzi for the 2019 season.

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