News Details

'Contract in place' say Sauber

Sauber have moved swiftly to deny reports that backing from Russian partners which they announced last month is under threat.In a statement released on Wednesday, the Swiss team insisted that their contract was in place and that initial payments had also been made. It came in response to a report in Germany's Bild which suggested that the board of one of Sauber's three new backers, the National Institute of Aviation Technologies, had voted against the deal. Although the report claimed that NIAT's board had blocked finance to the team, Sauber said they had only ever agreed a technical co-operation. They added, however, that payments had arrived from elsewhere. Besides NIAT, Sauber are also...
Full Story »
12y ago from SkySports.com 0
Share

You May Also Be Interested In...

Sauber denies cracks in Russian rescue

Sauber has moved to deny recent rumours suggesting that its agreement...
12y ago from Crash.net

Sauber deny Russian deal on brink of collapse

The media is awash with reports that Sauber's Russian backing is on the...
12y ago from TheF1Times.com

F1 2013 – Sauber – Russian rescue deal falls...

Just under a month ago Sauber announced a rescue deal which would see the...
12y ago from F1.co.uk

Sauber denies Russian deal has collapsed

Sauber has rubbished reports that its new deal with Russian partners has...
12y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Marc Márquez on verge of seventh MotoGP world title...

t;li>Ducati rider moves 182 points ahead of brother ÁlexMarc Márquez...
17h ago from TheGuardian.com

Popular On IndyCarToday.com

IndyCar rules out Mexico City race for 2026

The NTT IndyCar Series has announced that Mexico City will not be...

Robert Shwartzman refutes rumors about unhappiness in...

Robert Shwartzman has denied that he is unhappy in IndyCar after wrapping...

Popular On TotalWRC.com

Sebastien Ogier ‘s clean sweep on Rally Chile –...

Sebastien Ogier and Vincent Landais triumphed on WRC Rally Chile BioBio,...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Sources: Arsenal & Man United among clubs...

Ajax have long been renowned for producing some of the finest young...
2h ago from CaughtOffside.com

Bilbao : David Raya

Good morning from Bilbao. This is my second blog of the day. To explain, I...
2h ago from Arseblog.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

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.