News Details

No financial help for Sauber - Ecclestone

Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss outfit confirmed it's struggling to pay suppliers and therefore may not be around next season if investors can't be found. Both co-owners Peter Sauber and Monisha Kaltenborn have openly admitted they are desperately seeking investment in the team before switching to plan B, which 69-year-old Sauber said was to sell the team to an interested party - of which Ecclestone believes there will be many, but it doesn't include himself. "We have agreements that require us to treat all the teams equally," Ecclestone told SRF. "They're a good team and I'm sure there is more than one possible buyer. I don't want to...
Full Story »
12y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

I cannot bail out Sauber, says Ecclestone

Formula 1 supremo Bernie Ecclestone has said he will not come to the aid...
12y ago from GPUpdate.net

Ecclestone unable to bail out Sauber

Bernie Ecclestone says he is unable to help Sauber out of its current...
12y ago from espnF1.com

Ecclestone says Sauber not only F1 team suffering...

Ecclestone says Sauber not only F1 team suffering financially 10 July,...
12y ago from GrandPrix247.com

Hulkenberg terminates his Sauber contract

Nico Hulkenberg is free to leave the Sauber outfit with immediate effect...
12y ago from TheF1Times.com

Elsewhere On The Network

Popular On MGPToday.com

Repsol to make MotoGP return in 2026

No description available...
19h ago from Motorsport.com

Francesco Bagnaia reveals ‘glimmer of hope’ given...

Francesco Bagnaia revealed he has “a glimmer of hope” despite...
18h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Enzo Fittipaldi hails ‘productive’ test with Arrow...

Enzo Fittipaldi completed an IndyCar test with Arrow McLaren last week,...

Rinus VeeKay signs with Juncos Hollinger Racing for...

Juncos Hollinger Racing has announced that it has signed Rinus VeeKay for...

Popular On TotalWRC.com

Lancia confirms 2026 WRC2 entry with the new Ypsilon...

Lancia will return to the World Rally Championship next year with the new...
19h ago from MotorsportWeek.c...

Mārtiņš Sesks and Nasser Al-Attiyah join M-Sport...

WRC Promoter, SafetyCulture and M-Sport Ford World Rally Team are...

Popular On GunnersToday.com

Martin Keown names the 'ridiculous' Arsenal star that...

Arsenal legend Martin Keown has heaped praise onto Gabriel Magalhaes after...
35m ago from CaughtOffside.com

Thierry Henry's 3 favorites to win UCL revealed after...

French legend Thierry Henry has named Arsenal among his favorites for the...
35m ago from SportsKeeda.com

Arsenal 4-0 Atletico Madrid: Rampant Gunners go 4G in...

Match report – Player ratings – Arteta reaction – Video...
15m ago from Arseblog.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.