News Details
Sauber F1 buyout close to ‘official announcement’
Sauber F1 buyout close to ‘official announcement' Sauber is closing on a deal to bail the Swiss team out of its perilous financial situation. This week, it emerged that unpaid employee salaries for May and June had suddenly been paid, amid reports an international investment group is about to buy Sauber. 'Obviously there is a change in atmosphere because now everyone believes again that there is a future,' team manager Beat Zehnder said in Austria. The deal could be so far advanced that an 'official announcement' could be just days away, a Sauber team spokesman said at the Red Bull Ring. 'In the next two weeks we hope to make an official announcement of great importance to the team,'...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Sauber: There should be a brighter future
Team manager Beat Zehnder says Sauber are closing in on the light at the...
9y ago from PlanetF1.com
Zehnder: There should be a brighter future for Sauber
Swiss-based Sauber believe they can see light at the end of the tunnel...
9y ago from GrandPrix247.com
Sauber's future now 'brighter'
Sauber team manager Beat Zehnder says that the outfit is now back to...
9y ago from Motorsport.com
Sauber saved by rescue plan set up by international...
Sauber is reportedly on the cusp of being sold amid a troubled Formula 1...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta leads first United States MotoGP practice...
Pedro Acosta led the way in the opening United States MotoGP practice...
3h ago from MotorsportWeek.c...
Marc Marquez escapes injury after nasty 190km/h crash...
No description available...
3h ago from Motorsport.com
Honda’s 2026 bike feels “naturally fast” – so...
No description available...
6h ago from Motorsport.com
The FIM responds to the multiple ‘challenges' on...
The FIM - the governing body of motorcycle racing - has released a...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Hunter McElrea tabbed as reserve driver by ECR
No description available...
3h ago from Motorsport.com
Kyffin Simpson explains restart crash in Arlington GP...
A late restart was attempted with one lap to go in the Grand Prix of...
3h ago from MotorsportWeek.c...
ECR brings on Hunter McElrea as reserve IndyCar driver
Ed Carpenter Racing has announced that Hunter McElrea will be the...
2h ago from MotorsportWeek.c...
How to watch IndyCar at Barber: Weekend schedule,...
No description available...
23h ago from Motorsport.com
Popular On TotalWRC.com
Subaru teases new rally car for Japanese Championship
No description available...
1d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
1d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal preparing 35 million summer bid to sign...
Arsenal are interested in signing Real Madrid winger Brahim Diaz in the...
1h ago from SportsKeeda.com
Sandro Tonali delivers response following claims of...
Newcastle United midfielder Sandro Tonali did his talking on the pitch...
4h ago from CaughtOffside.com
'That would worry me a bit' - Jamie Carragher sheds...
Jamie Carragher believes Arsenal's lack of 'special players' will hurt...
4h ago from SportsKeeda.com
Report: Arsenal monitoring long-time Mikel Arteta...
Arsenal are reportedly one of the clubs keeping a close eye on...
5h ago from CaughtOffside.com
Comments
Hottest News
Mattia Binotto makes surprise Jonathan Wheatley Audi...
Audi F1 project chief Mattia Binotto has spoken... Read More »
5h ago from MotorsportWeek.com
Lewis Hamilton issues frank verdict as alarming Max...
Lewis Hamilton has had his say at the Japanese... Read More »
10h ago from RacingNews365.com
FIA announce Lewis Hamilton punishment verdict after Max...
The stewarding panel at the Japanese Grand Prix... Read More »
11h ago from GPFans.com
