News Details
“We were never at risk of folding” - Kaltenborn
Sauber Team Principal Monisha Kaltenborn says that accounts of the team’s financial plight prior to securing Russian investment were exaggerated, and that the Hinwil-based outfit was never at risk of going bankrupt. In the days prior to announcing the deal, owner Peter Sauber had described the situation as "uncomfortable and embarrassing", and rumours abounded that driver Nico Hulkenberg had been released from the terms of his contract. However, Kaltenborn insists that the team was always confident of surviving, even if the arrangement had fallen through. “Because of the extent and scope of this deal, we knew it would take a while, so we didn't really get too depressed or...
Full Story »
Full Story »
12y ago from GPUpdate.net
0
You May Also Be Interested In...
Kaltenborn confident, relieved over Sauber bail-out
Monisha Kaltenborn has said that she's happy that Sauber F1's future has...
12y ago from Crash.net
Kaltenborn: We have not communicated everything but...
The headline grabbing Russian financial package was hailed as Sauber's...
12y ago from GrandPrix247.com
Questions arise over Sauber's Russian saviours
July 28th, 2013 (F1plus) The Russian deal was hailed as Sauber's saviour,...
12y ago from F1Plus.com
Sauber to keep control despite Russian deal
Sauber's new trio of Russian partners will put the financially-troubled...
12y ago from SuperSport.com
Elsewhere On The Network
Popular On MGPToday.com
Ducati MotoGP boss on Pecco Bagnaia’s struggles:...
No description available...
10h ago from Motorsport.com
How Marc Marquez pressure forced Marco Bezzecchi into...
No description available...
10h ago from Motorsport.com
Marc Márquez on verge of seventh MotoGP world title...
t;li>Ducati rider moves 182 points ahead of brother ÁlexMarc Márquez...
11h ago from TheGuardian.com
Marc Marquez defeats Marco Bezzecchi in Misano to edge...
Marc Marquez’s MotoGP dominance continued as he edged out Marco...
13h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar confirms there will be no race in Mexico in...
No description available...
1d ago from Motorsport.com
IndyCar rules out Mexico City race for 2026
The NTT IndyCar Series has announced that Mexico City will not be...
1d ago from MotorsportWeek.c...
Robert Shwartzman refutes rumors about unhappiness in...
Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Oliver Solberg wants “full season in WRC” after...
No description available...
5h ago from Motorsport.com
Sebastien Ogier ‘s clean sweep on Rally Chile –...
Sebastien Ogier and Vincent Landais triumphed on WRC Rally Chile BioBio,...
8h ago from MotorsportWeek.c...
WRC Rally Chile: Sebastien Ogier leads title race with...
No description available...
8h ago from Motorsport.com
Why Elfyn Evans says it “won’t be easy” to catch...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal v Nottingham Forest: Premier League – live
t;li>Match at Emirates Stadium kicks off at 12.30pm (BST)<a...
1d ago from TheGuardian.com
Athletic Bilbao vs Arsenal Prediction and Betting Tips...
The 2025-26 edition of the UEFA Champions League kicks off with its first...
8h ago from SportsKeeda.com
Better times just around the corner for Nottingham...
t;li>Manager targets midweek Carabao Cup tie after Arsenal loss‘My...
10h ago from TheGuardian.com
'Wow' – Arteta reveals what Madueke said that...
Arsenal manager Mikel Arteta has explained that Noni Madueke's reaction to...
1d ago from CaughtOffside.com
Comments
Hottest News
Max Verstappen absence confirmed for next race
Four-time champion Max Verstappen will not be... Read More »
15h ago from GPFans.com
Ferrari fans cause chaos as Charles Leclerc celebrates...
Ferrari F1 star Charles Leclerc has been... Read More »
5h ago from GPFans.com
Toto Wolff labels George Russell an 'a**hole' in Mercedes...
Mercedes F1 boss Toto Wolff is yet to officially... Read More »
8h ago from GPFans.com
