News Details

Questions arise over Sauber's Russian saviours

July 28th, 2013 (F1plus) The Russian deal was hailed as Sauber's saviour, but rumours persist that the Swiss team is not yet out of the woods. Reports spoke of an enormous investment by the government-linked Russian entities, but then it was suggested that only Sauber's most pressing debts would initially be paid. And Welt newspaper said the deal could collapse altogether if 17-year-old Sergey Sirotkin's preparation for a race seat next year fails. The German report said Sauber's Russian deal will only actually be realised when Sirotkin gets his FIA super license. "Until then," said Welt, "only ten million euros will flow, paying off the most pressing debts". Ferrari is...
Full Story »
12y ago from F1Plus.com 0
Share

You May Also Be Interested In...

Kaltenborn: We have not communicated everything but...

The headline grabbing Russian financial package was hailed as Sauber's...
12y ago from GrandPrix247.com

Marussia not bitter over Sauber's Russian deal

July 22nd (F1plus).- Andy Webb, the Marussia team chief executive,...
12y ago from F1Plus.com

Marussia not upset they lost out on Russian deal to...

Marussia CEO, Andy Webb insists his team is not disappointed Formula 1...
12y ago from GrandPrix247.com

Marussia not upset by Sauber's Russian deal

By Editor on Monday, July 22, 2013 Andy Webb, the Marussia team chief...
12y ago from F1Zone.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

Here we go: Arsenal & Liverpool transfer target...

Manchester City reportedly look to be closing in on the £20m transfer of...
5h ago from CaughtOffside.com

Chelsea rival Arsenal & Man Utd for 30m wonderkid...

Chelsea are ready to rival the likes of Arsenal and Manchester United for...
7h ago from CaughtOffside.com

Just In: Man City make progress to sign Arsenal and...

Manchester City have taken a major step forward in their pursuit of...
7h ago from CaughtOffside.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.