News Details

Ecclestone says no to Sauber bailout

Bernie Ecclestone has ruled out intervening directly to help the embattled Sauber team survive. In the not-too-distant past, the F1 'supremo' has been known for bailing out struggling teams. But amid reports the Swiss team Sauber is now struggling to survive, Ecclestone said: "We have agreements that require us to treat all the teams equally." The 82-year-old told Swiss broadcaster SRF that "one solution" for the Hinwil based team would be to sell up. "They're a good team," said Ecclestone, "and I'm sure there is more than one possible buyer. "I don't want to imagine F1 without Sauber. Ideally, they will find new sponsors in the long term, but even...
Full Story »
Share

You May Also Be Interested In...

Ecclestone says Sauber not only F1 team suffering...

Ecclestone says Sauber not only F1 team suffering financially 10 July,...
11y ago from GrandPrix247.com

Ecclestone considers buying Nurburgring

Bernie Ecclestone has revealed he is thinking about securing the future of...
11y ago from GrandPrix.com

Ecclestone considers buying Nurburgring to save race

Ecclestone considers buying Nurburgring to save race 6 July, 2013 Formula...
11y ago from GrandPrix247.com

Speculation mounts over future of embattled Sauber team

Speculation mounts over future of embattled Sauber team 6 July, 2013...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Tech3 KTM slams ‘bitter’ Qatar MotoGP penalty...

Tech3 KTM boss Nicolas Goyon says the Qatar MotoGP round has left a...

Marc Marquez admits the one mistake he made en route...

Ducati's Marc Marquez admits his collision with brother Alex Marquez on...

Popular On IndyCarToday.com

IndyCar Long Beach – Race Results

IndyCar tackled the second street course of the young season, contesting...
16h ago from MotorsportWeek.c...

Kyle Kirkwood masters Long Beach to take third IndyCar...

The historic streets of Long Beach, California hosted the NTT IndyCar...
17h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Outback diplomacy: Finnish ambassador braves...

o Haapea hopes to raise $30,000 for cancer research as he navigates the...
1w ago from TheGuardian.com

Popular On GunnersToday.com

Luka Modric set to become part owner of surprise EFL...

Real Madrid icon Luka Modric is reportedly set to become a minor owner in...
1h ago from SportsKeeda.com

Liverpool, Man United and Arsenal told to pay £86.5m...

Premier League clubs including Liverpool, Manchester United and Arsenal...
1h ago from CaughtOffside.com

Arsenal ready to pay 75 million for 'unbelievable'...

Arsenal and Chelsea are interested in signing the Barcelona defender Jules...
2h ago from CaughtOffside.com

Jude Bellingham involved in 'heated clash' with Real...

Jude Bellingham is allegedly involved in a training ground bust-up with a...
3h ago from SportsMole.co.uk

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.