News Details
Sauber secure long-term future via Russian investment
Sauber F1 Team's long-term future appears to have been secured after three Russian companies confirmed their investment in the Swiss team early this morning.
The team's financial crisis had been well-documented in recent weeks with Peter Sauber admitting that suppliers had not been paid, and Nico Hulkenberg was rumoured to have not been paid, thus terminating his contract with the team temporarily until investment was found. However, a solution appears to have been found.
The statement from Sauber reads:
'We are pleased to announce a partnership between the Investment Corporation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute...
Full Story »
Full Story »
12y ago from RichlandF1.com
0
You May Also Be Interested In...
Sauber saved by eleventh hour funding from Russian...
Sauber saved by eleventh hour funding from Russian consortium 15 July,...
12y ago from GrandPrix247.com
Sauber ensures long-term Formula 1 future
Sauber has secured its long-term future in Formula 1 by joining forces...
12y ago from GPUpdate.net
No financial help for Sauber - Ecclestone
Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com
Sauber land Russian deals
Sauber have announced partnerships with three Russian institutions that...
12y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Pirelli wants to test new MotoGP tyres with 2027 bikes...
No description available...
15h ago from Motorsport.com
Who crashed the most during the 2025 MotoGP season?
No description available...
1d ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
2d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Sunoco makes full-time IndyCar return as primary...
No description available...
2d ago from Motorsport.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
2d ago from MotorsportWeek.c...
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
3d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...
Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...
15h ago from MotorsportWeek.c...
Lancia reveals driver line-up for 2026 WRC return
No description available...
2d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arteta wants to sign 'amazing' 26-year-old to get the...
Arsenal are reportedly interested in signing the AC Milan attacker Rafael...
17h ago from CaughtOffside.com
Arsenal dealt blow as Mikel Arteta confirms injury to...
Arsenal manager Mikel Arteta has revealed that Ben White has suffered...
14h ago from SportsKeeda.com
Arsenal go five points clear with 94th-minute winner...
Yerson Mosquera's 94th-minute own goal clinched a dramatic 2-1 win for...
1d ago from SkySports.com
Comments
Hottest News
‘Dirty games were played’: Marko opens up on Horner’s...
In the high-stakes world of Formula 1, where... Read More »
14h ago from F1i.com
Exit Max Verstappen pseudonym Franz Hermann and enter new...
Following Max Verstappen's attempts to hide his... Read More »
4h ago from GPFans.com
Helmut Marko takes aim at Red Bull and Christian Horner as...
Check out the biggest stories from Sunday, 14th... Read More »
5h ago from RacingNews365.com
