News Details

Ericsson hails Sauber ownership change

– Marcus Ericsson hailed Sauber's change of ownership as "very good news" after the Swiss team confirmed that Longbow Finance has acquired the group.Sauber announced on Wednesday that the Swiss-based investment firm had fully acquired the squad, providing some stability after a tumultuous period.Sauber has struggled financially in recent years and the outfit has yet to score a point in 2016, propping up the rear of the Constructors' Championship ahead of the Hungarian Grand Prix."It's great news for the team, it's no secret it's been a difficult year, financially mainly," commented Ericsson."We haven't updated the car in the way we wanted, for the team very,...
Full Story »
9y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Longbow a front for Ericsson's backers in Sauber buyout

Monisha Kaltenborn has declined to confirm or deny reports it is Marcus...
9y ago from GrandPrix247.com

Sauber's long-term future secured as new owners take...

Sauber confirmed on Wednesday that it has agreed a deal with Longbow...
9y ago from GrandPrixTimes.com

Sauber secures F1 future with change of ownership

Sauber's Formula 1 future appears to have been secured after it announced...
9y ago from Crash.net

Longbow Finances acquire Sauber F1 Team

The Sauber group have announced  a change in ownership. Following the...
9y ago from JWGrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

'There are conversations ongoing': Romano reveals...

Arsenal have managed to win the Premier League title after 22 years, and...
11h ago from CaughtOffside.com

Arsenal targeting £45m Premier League star with 15...

Arsenal are looking to sign the Manchester City midfielder Tijjani...
9h ago from CaughtOffside.com

‘Noni Madueke was rapping the whole night’: inside...

t;li>Arsenal fan Daniel Bull was in Mayfair nightclub Tape ‘I was...
10h ago from TheGuardian.com

Arsenal and Manchester United chasing boyhood Gunners...

Arsenal and Manchester United are interested in signing the Sporting CP...
13h 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.