News Details

Sauber finds sponsor, to prepare Russian driver for 2014

Sauber has eased its financial troubles with new funding from Russia in a deal which includes preparing a Russian driver for next season. Sauber says the partnership involves two investment funds and Russia's National Institute of Aviation Technologies. Financial details were not revealed, but Sauber says in a statement the deal gives the team 'a solid foundation to increase its competitiveness on a long-term basis.' Last week, team president Peter Sauber said the financial difficulties had become 'uncomfortable and embarrassing.' The Russian partnership includes developing driver Sergey Sirotkin 'to prepare him as a racing driver for the team in 2014,' Sauber says. Sauber is eighth of 11...
Full Story »
12y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Sauber announce Russian partnership

Financially struggling Sauber announced a partnership with three Russian...
12y ago from SuperSport.com

Russian banker Rotenberg set to rescue Sauber

Russian banker Rotenberg set to rescue Sauber 8 July, 2013 Sauber could...
12y ago from GrandPrix247.com

Hulkenberg terminates his Sauber contract

Nico Hulkenberg is free to leave the Sauber outfit with immediate effect...
12y ago from TheF1Times.com

Sauber insists it will overcome financial problems

Sauber acknowledged it is going through a 'difficult situation' related...
12y ago from F1Pulse.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Roger Penske adds voice to discussion on US sports...

Roger Penske, owner of the NTT IndyCar Series and the Indianapolis Motor...
12h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Thierry Neuville crashes out of Croatia lead in final...

A dramatic WRC Rally Croatia kept the biggest shock for the Wolf Power...

Popular On GunnersToday.com

'They didn't have an answer' - Thierry Henry explains...

Arsenal legend Thierry Henry reckons Sporting CP could get the better of...
49m ago from SportsKeeda.com

‘No fear. Pure fire’: Mikel Arteta rallies wounded...

ager calls on players and fans to embrace the chance of Champions League...
1h ago from TheGuardian.com

Sources: Arsenal willing to sell Jesus and Havertz to...

Arsenal are intensifying their efforts to secure the signing of Julián...
3h ago from CaughtOffside.com

We have a big game on Wednesday, not just Sunday

Morning. This feels like such a strange week because at the forefront of...
2h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.