News Details
Sauber ensures long-term Formula 1 future
Sauber has secured its long-term future in Formula 1 by joining forces with three Russian companies. The agreements follow a period of major uncertainty for the Hinwil-based team, which has been unable to pay its suppliers. The Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies are the three companies involved, aiding Sauber technologically and financially. "We are pleased to announce a partnership between the Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies with Sauber...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Unpaid suppliers file claims against cash strapped...
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
12y ago from GrandPrix247.com
Unpaid suppliers file claims against ailing Sauber
The depths of Sauber's financial problems are now beginning to emerge....
12y ago from F1Zone.net
No financial help for Sauber - Ecclestone
Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com
F1 2013 – Details of Sauber financial crisis emerge
Reports are suggesting that “dozens” of suppliers to the Sauber F1...
12y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Jonathan Rea explains why ‘mental management’ will...
Jonathan Rea believes Toprak Razgatlioglu's chances of success in MotoGP...
16h ago from MotorsportWeek.c...
Joan Mir explains why he crashes so often in MotoGP
No description available...
17h ago from Motorsport.com
Andrea Dovizioso: “Marc Marquez’s situation is...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Fast-paced schedule proving beneficial for IndyCar’s...
The NTT IndyCar Series recently completed its fourth racing weekend in...
2d ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
5d ago from Motorsport.com
Winners and losers from IndyCar at Barber Motorsports...
No description available...
3d ago from Motorsport.com
Pato O’Ward left searching for answers after...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Storm damage forces changes to WRC Rally Islas...
No description available...
19h ago from Motorsport.com
Kalle Rovanpera returns to WRC with Subaru
Double WRC Champion Kalle Rovanpera is set to return to the WRC next year...
2d ago from MotorsportWeek.c...
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
5d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
‘Like a ball of poison’: Mikel Arteta admits to...
t;li>Arteta claims defeat will haunt him for ‘next 30...
8h ago from TheGuardian.com
Mikel Arteta provides fitness update on 3 Arsenal...
Arsenal boss Mikel Arteta has provided a fitness update on Noni Madueke,...
12h ago from SportsKeeda.com
'Really good news' – Mikel Arteta provides...
Arsenal manager Mikel Arteta has provided a positive injury update on Noni...
16h ago from CaughtOffside.com
Carabao Cup final pain will only make Arsenal better,...
Arsenal must learn the lessons from their Carabao Cup final loss to Man...
15h ago from SkySports.com
Comments
Hottest News
F1 News Today: F1 teams head to Nurburgring as FIA approve...
F1 is set to return to the Nurburgring for the... Read More »
31m ago from GPFans.com
Oscar Piastri spots unseen concern from monster F1 accident
Oscar Piastri spotted something concerning which... Read More »
2h ago from RacingNews365.com
Max Verstappen backed for fresh Mercedes F1 talks
The Max Verstappen to Mercedes links do not... Read More »
51m ago from RacingNews365.com
