News Details
Longbow a front for Ericsson's backers in Sauber buyout
Monisha Kaltenborn has declined to confirm or deny reports it is Marcus Ericsson's Swedish backers who have bought the Sauber team. The Swiss outfit announced on Wednesday that it will be fully acquired by a Swiss-based group called Longbow Finance, resulting in the retirement of founder Peter Sauber. 'As a Swiss company, we are very pleased with having secured the future of a Swiss presence in a highly specialised and innovative industry,' said Longbow's Pascal Picci. But the Swiss newspaper Blick claims that Longbow is in fact powered by Tetra Laval, a Swedish multinational headed by billionaire Hans Rausing that already finances Sauber driver Marcus Ericsson's seat. 'On the background...
Full Story »
Full Story »
9y ago from GrandPrix247.com
0
You May Also Be Interested In...
Sauber now owned by Longbow Finance
Sauber has announced that Swiss-based investment firm Longbow Finance...
9y ago from GrandPrix247.com
Longbow Finances acquire Sauber F1 Team
The Sauber group have announced a change in ownership. Following the...
9y ago from JWGrandPrix.com
Longbow Finance acquires Sauber
Sauber announces team's acquisition by Swiss finance company Longbow...
9y ago from Pitpass.com
Longbow Finance S.A. acquire Sauber
Sauber's financial restraints seem to have taken an encouraging step...
9y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: ‘I could have fought Marc Marquez till...
No description available...
8h ago from Motorsport.com
Marc Marquez set to return on a motorcycle after long...
No description available...
13h ago from Motorsport.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
2d ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
3d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
1d ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
1d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Chelsea plan to steal ‘pretty special' playmaker...
Chelsea are interested in signing the Genk midfielder Konstantinos...
3h ago from CaughtOffside.com
'That's true, yes': Transfer expert confirms Arsenal...
Arsenal are reportedly interested in signing the Borussia Dortmund...
11h ago from CaughtOffside.com
'What a massive player he is for us' - Mikel Arteta...
Arsenal manager Mikel Arteta was full of praise for Declan Rice after...
10h ago from SportsKeeda.com
Contact made: Berta leading talks as Arsenal prepare...
Arsenal are looking to improve the midfield unit with the signing of...
12h ago from CaughtOffside.com
Comments
Hottest News
Red Bull CEO tells all on Christian Horner in rare interview
The CEO of the wider Red Bull GmbH brand Oliver... Read More »
2h ago from GPFans.com
Sebastian Vettel reveals what terrifies him about Max...
F1 legend Sebastian Vettel has revealed the... Read More »
2h ago from GPFans.com
'Elf Maximus' and how Daniel Ricciardo led Verstappen astray
Ever done something weird and daft at work when... Read More »
1h ago from GPFans.com
