News Details
Sauber were confident of survival
Sauber team principal Monisha Kaltenborn has played down claims that they were on the verge of going bankrupt before three Russian companies came to their rescue.
Kaltenborn revealed at the start of July that they were struggling financially while the Hinwil squad's owner Peter Sauber admitted the predicament they found themselves in was "embarrassing". The team, though, secured its long-term future a few weeks later by signing sponsorship deals with three Russian entities.
Despite their struggles, Kaltenborn says they were never close to bankruptcy and were confident they would find financial backers.
"Because of the extent and scope of this deal, we knew it would take a...
Full Story »
Full Story »
12y ago from PlanetF1.com
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
Sauber cagey on Russian deal
Monisha Kaltenborn has re-iterated Sauber's intention to hand Sergey...
12y ago from SkySports.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
F1 2013 – Sauber never faced bankruptcy
Sauber team Principal Monisha Kaltenborn has revealed that Sauber were not...
12y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Aprilia explains why it hasn’t tested 850cc bike...
No description available...
7h ago from Motorsport.com
The dilemma Francesco Bagnaia's MotoGP race engineer...
No description available...
9h ago from Motorsport.com
Marc Marquez admits ‘touch of madness’ is key to...
Marc Marquez has provided fascinating insight into how he balances risk...
9h ago from MotorsportWeek.c...
Interview: Massimo Rivola on Aprilia's rise from last...
No description available...
11h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
1d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
1d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Rally Islas Canarias could crown another new WRC...
No description available...
10h ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
5d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'Typical bottle merchants', 'Bottling officially...
Arsenal and Mikel Arteta are being mocked on social media after Manchester...
54m ago from SportsKeeda.com
Arsenal and Man United scout 35m wide player with...
Arsenal and Manchester United are interested in signing the Club Brugge...
2h ago from CaughtOffside.com
Player ratings: Man City 2-1 Arsenal
Arsenal fell to defeat to their rivals for the Premier League title on...
2h ago from FreshArsenal.com
Man United make £80m star top summer priority as...
Mateus Mane is all set to leave Wolverhampton Wanderers at the end of the...
3h ago from CaughtOffside.com
Comments
Hottest News
Red Bull poach Ferrari star after GP exit
A former Red Bull F1 legend has revealed that the... Read More »
4h ago from GPFans.com
F1 icon refused to work with Michael Schumacher
Lewis Hamilton's former Mercedes performance... Read More »
4h ago from GPFans.com
Red Bull F1 car speeds through a Tesco car park: 'Nearly...
Red Bull F1 team appear to have swapped the track... Read More »
2h ago from GPFans.com
