News Details
Sauber F1 buyout close to ‘official announcement’
Sauber F1 buyout close to ‘official announcement' Sauber is closing on a deal to bail the Swiss team out of its perilous financial situation. This week, it emerged that unpaid employee salaries for May and June had suddenly been paid, amid reports an international investment group is about to buy Sauber. 'Obviously there is a change in atmosphere because now everyone believes again that there is a future,' team manager Beat Zehnder said in Austria. The deal could be so far advanced that an 'official announcement' could be just days away, a Sauber team spokesman said at the Red Bull Ring. 'In the next two weeks we hope to make an official announcement of great importance to the team,'...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Sauber: There should be a brighter future
Team manager Beat Zehnder says Sauber are closing in on the light at the...
9y ago from PlanetF1.com
Zehnder: There should be a brighter future for Sauber
Swiss-based Sauber believe they can see light at the end of the tunnel...
9y ago from GrandPrix247.com
Sauber's future now 'brighter'
Sauber team manager Beat Zehnder says that the outfit is now back to...
9y ago from Motorsport.com
Sauber saved by rescue plan set up by international...
Sauber is reportedly on the cusp of being sold amid a troubled Formula 1...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin to drop three places on Spanish GP grid...
No description available...
2h ago from Motorsport.com
Marc Marquez can only "survive" in Spanish...
No description available...
2h ago from Motorsport.com
Pedro Acosta explains Q1 relegation, hopes Jerez is...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1h ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
3d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
3d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier goes all out on asphalt attack
Sebastien Ogier and Vincent Landais lead Rally Islas Canarias by 8.6...
46m ago from MotorsportWeek.c...
Dani Sordo reacts to interest from WRC’s newest...
No description available...
2h ago from Motorsport.com
WRC Canary Islands: Sebastien Ogier extends lead as...
No description available...
6h ago from Motorsport.com
WRC Canary Islands: Sebastien Ogier leads, SS3...
No description available...
10h ago from Motorsport.com
Popular On GunnersToday.com
Arteta targets 60m speedster as Man United prepare bid...
Karim Adeyemi has been linked with a move away from Borussia Dortmund at...
1h ago from CaughtOffside.com
'We are all in. Let’s go for it' - Mikel Arteta...
Arsenal boss Mikel Arteta has urged his players to rise to the occasion...
1h ago from SportsKeeda.com
Man United hold edge in race for 21-G/A Arsenal and...
Aston Villa star Morgan Rogers has been linked with a move away from the...
3h ago from CaughtOffside.com
Mikel Arteta confirms 2 key Arsenal stars will return...
Arsenal manager Mikel Arteta has confirmed that Riccardo Calafiori and...
2h ago from SportsKeeda.com
Comments
Hottest News
Mercedes beware: McLaren are bringing ‘a completely new...
Mercedes have dominated the 2026 F1 season so... Read More »
46m ago from GPFans.com
McLaren confirm talks to sign Red Bull F1 star early
McLaren F1 CEO Zak Brown has confirmed talks with... Read More »
1h ago from GPFans.com
Commentators give Max Verstappen new nickname after...
The iconic Nürburgring circuit in Germany has... Read More »
1h ago from GPFans.com
