News Details

Sauber rescue deal looking increasingly uncertain

The hopes and prayers of Sauber's Hinwil workforce appear to be no nearer being answered after it emerged that key signatures are still needed to cement the team's Russian rescue package.It was almost a month ago – 15 July to be exact – that the Swiss team issued a statement announcing that a consortium of Russian businesses had agreed to pump much-needed funds into its account, but not a single Euro has been seen in the weeks since then.According to sources in Germany, the deal is still awaiting key signatures at the Russian end, including that of current president Vladimir Putin. Die Welt claims that both eponymous owner Peter Sauber and team principal Monisha Kaltenborn have made...
Full Story »
12y ago from Crash.net 0
Share

You May Also Be Interested In...

Sauber rescue deal not yet signed off?

The hopes and prayers of Sauber's Hinwil workforce appear to be no nearer...
12y ago from Crash.net

2014 not yet on van der Garde's mind

Giedo van der Garde is refusing to be caught up in rumours regarding his...
12y ago from RichlandF1.com

Button has faith in Pirelli, says tyres will be fine...

McLaren's Jenson Button has said he will go to the Belgian Grand Prix...
12y ago from Crash.net

Mallya hopeful of bouncing back in Belgium

Vijay Mallya is hopeful that the problems Force India suffered with...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arteta calls for for focus and ‘full gas' ahead...

Good morning from London. We're in Premier League action this evening,...
6h ago from Arseblog.com

“Chat GPT cow you can’t remember when you won a...

Former England cricketer Kevin Pietersen has fired back at an Arsenal fan...
9h ago from SportsKeeda.com

'A big problem' – Mikel Arteta fires warning to...

Arsenal manager Mikel Arteta has fired a clear warning to any of his...
17h ago from CaughtOffside.com

Arsenal make decision on versatile star's future after...

Arsenal striker Gabriel Jesus has been linked with a move away from the...
20h 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.