News Details
F1 2013 – Sauber – Russian rescue deal falls apart?
Just under a month ago Sauber announced a rescue deal which would see the Swiss based team receive a much needed financial injection from Russian bankers, but recent reports are suggesting the deal is far from done.Reports from bild newspaper are suggesting that National Aviation Institute of Aviation Technologies, the company set to save Sauber, has had its board of director’s vote against the rescue package.The 400million euro investment would see Sauber pay off creditors including Ferrari [engines], Pirelli, Nico Hulkenberg, Esteban Gutierrez and former Sauber driver Kamui Kobayashi, who are all reportedly owed money by Sauber.Failing to secure a deal could see sauber out of the second...
Full Story »
Full Story »
You May Also Be Interested In...
Sauber boss admits delay in Russian financial rescue...
Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com
Sauber boss admits delay in Russian rescue deal
August 8th, 2013 - Monisha Kaltenborn has admitted Sauber's Russian...
12y ago from F1Plus.com
Russian entity votes down Sauber rescue
By Editor on Tuesday, August 13, 2013 After all the ‘Russian rescue...
12y ago from F1Zone.net
Pirelli waiting for Sauber tyre bill
By Editor on Monday, August 12, 2013 Reports of a continuing financial...
12y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta explains what KTM needs to close the gap...
No description available...
17h ago from Motorsport.com
The weakness behind Marco Bezzecchi’s dominant...
No description available...
22h ago from Motorsport.com
MotoGP legend shares how ‘different level’ Marc...
Five-time 500cc champion Mick Doohan believes the way Marc Marquez...
1d ago from MotorsportWeek.c...
Fabio Quartararo staying “a little bit out” of...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Andretti lights up IndyCar Long Beach practice, Will...
The field of 25 drivers in the NTT IndyCar Series roared out of a...
9h ago from MotorsportWeek.c...
Will Power says father wrestling gunman was "just...
No description available...
11h ago from Motorsport.com
Current street course woes make Long Beach “a...
No description available...
17h ago from Motorsport.com
O'Ward: F1 has become an "artificial" show,...
No description available...
17h ago from Motorsport.com
Popular On TotalWRC.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
17h ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
18h ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid want 100m Arsenal star, Gunners could...
Arsenal defender Jurrien Timber is reportedly a target for Real Madrid at...
3h ago from CaughtOffside.com
Saturday miscellany: Tactics, strikers, archives,...
Good morning. It's Saturday and there's a big game tomorrow, but I don't...
2h ago from Arseblog.com
Sources: Arsenal & Man United showing 'most...
Eduardo Camavinga has been heavily linked with a move away from Real...
4h ago from CaughtOffside.com
Papers: Arsenal interested in Leicester teenager as...
The top stories and transfer rumours from Saturday's newspapers...
11h ago from SkySports.com
Comments
Hottest News
Guenther Steiner issues scathing review of Adrian Newey
Despite being widely considered the greatest F1... Read More »
1h ago from MotorsportWeek.com
George Russell fires warning shot to rivals after...
George Russell has fired a warning shot to... Read More »
56m ago from MotorsportWeek.com
Max Verstappen Nurburgring bid halted as qualifying red...
Qualifying for the first race of the ADAC 24h... Read More »
2h ago from GPFans.com





























