News Details
Sauber rescue deal worth $170 million
Sauber boss Monisha Kaltenborn has clarified reports suggesting the Swiss team has been bought by Russian entities.
Having earlier admitted a sale of the team could not be ruled out, the struggling Hinwil based outfit announced on Monday that it has new Russian partners.
The news was reported as Sauber having been 'rescued' by Russia, but Italy's Autosprint quotes Kaltenborn as insisting: "The team has not been sold."
And Speed Week reports that Sauber's existing structure, with Kaltenborn and founder Peter Sauber at the decision-making helm, is not changing.
The Swiss portal 20 Minuten, however, said the Russian investment in Sauber amounts to a whopping $170 million, clearing...
Full Story »
Full Story »
12y ago from GrandPrix.com
0
You May Also Be Interested In...
Sauber rescue package reportedly worth $170 million
Sauber rescue package reportedly worth $170 million 16 July, 2013 Peter...
12y ago from GrandPrix247.com
New Sauber driver linked to saviour Russian sponsor
By Editor on Monday, July 15, 2013 Sauber's next driver is closely linked...
12y ago from F1Zone.net
Russian deal helps embattled Sauber eye long-term...
Amid reports the Swiss team is on the brink of collapse, Sauber on Monday...
12y ago from GrandPrix.com
Sauber announce Russian partnership
By Editor on Monday, July 15, 2013 Financially struggling Sauber...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
8h ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
23h ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
1d ago from MotorsportWeek.c...
Yamaha admits 2026 MotoGP performance will decide...
Yamaha knows it must deliver a more competitive 2026 MotoGP bike to...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
22h ago from Motorsport.com
Will Power sees ‘all the ingredients’ for a...
Will Power is approaching the beginning of his new IndyCar chapter, with...
1d ago from MotorsportWeek.c...
Ed Carpenter to contest 23rd Indianapolis 500
Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
1d ago from MotorsportWeek.c...
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Can Lancia enjoy success on its anticipated WRC return?
No description available...
4h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
5h ago from Motorsport.com
Sebastien Ogier still has motivation “to go for...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Report: Mikel Arteta sets sights on signing mercurial...
Arsenal are interested in signing the Brazilian defender Iago Machado. The...
7m ago from CaughtOffside.com
Champions League review: Bodø/Glimt stun again as...
enal remained on top of the Champions League on the penultimate matchday...
2h ago from TheGuardian.com
Paul Merson predicts Arsenal vs Manchester United and...
There is no competition that is as hard as the Premier League! Liverpool...
4h ago from SportsKeeda.com
Talks held: Latest on Arsenal & Barcelona...
Arsenal and Barcelona could reportedly be set for a major transfer battle...
5h ago from CaughtOffside.com
Comments
Hottest News
McLaren to skip F1 testing
McLaren F1 boss Andrea Stella has revealed that... Read More »
57m ago from GPFans.com
F1: Mercedes W17 hits the track
The Mercedes W17 has made its track debut at... Read More »
1h ago from Pitpass.com
Mercedes shakedown reveals suspiciously basic design...
Mercedes' W17 which appeared for a shakedown at... Read More »
47m ago from RacingNews365.com
