Andretti keen to sign Alonso for third Indy 500 bid in 2020

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Fernando Alonso appears likely to rejoin Andretti Autosport for a third bid at the Indianapolis 500 this May.

The Spaniard first attempted America's most famous motor race back in 2017 as part of a tie-up between McLaren and Andretti Autosport before ultimately retiring with engine failure.

A second try last year, in a standalone entry by the British team, turned into a disaster with the double Formula 1 champion failing to qualify.

But as Alonso remains determined to complete the Triple Crown, with Indy the final hurdle to conquer, team owner Michael Andretti admits there is a key factor currently delaying a deal.

“It’s not done yet but it’s looking pretty good,” he told RACER.

“We want it to happen, I’ve just got to figure out how to get it funded. I think we can find a sponsor, but do I roll the dice, sign him and then hope to get it funded?

“I really enjoy working with the guy, and I want to make it happen.”

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Beyond the cost, however, Andretti may face some resistance from engine supplier Honda, who are not on good terms with Alonso following his criticism during their failed partnership with McLaren.

If that can be resolved, however, Michael saw no reason why Fernando's participation in IndyCar has to be limited to just the Brickyard.

“We talked about it [future drives] and it’s possible, but nothing before Indianapolis,” Andretti added.

“I don’t want to do anything to hurt our other efforts, but it would be great for the series.”

McLaren will also be present at Indy after teaming up with Arrow Schmidt Motorsport for a full-time return to IndyCar in 2020.

Currently, Patricio O'Ward and Oliver Askew are signed to their seats for the upcoming season.