News Details

Sauber ensures long-term Formula 1 future

Sauber has secured its long-term future in Formula 1 by joining forces with three Russian companies. The agreements follow a period of major uncertainty for the Hinwil-based team, which has been unable to pay its suppliers. The Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies are the three companies involved, aiding Sauber technologically and financially. "We are pleased to announce a partnership between the Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies with Sauber...
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Unpaid suppliers file claims against cash strapped...

Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
12y ago from GrandPrix247.com

Unpaid suppliers file claims against ailing Sauber

The depths of Sauber's financial problems are now beginning to emerge....
12y ago from F1Zone.net

No financial help for Sauber - Ecclestone

Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com

F1 2013 – Details of Sauber financial crisis emerge

Reports are suggesting that “dozens” of suppliers to the Sauber F1...
12y ago from F1.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Chip Ganassi Racing lands new sponsor for Kyffin...

Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...

IndyCar announces independent officiating system

The NTT IndyCar Series announced on Thursday that it will implement a new...

Popular On TotalWRC.com

Yohan Rossel and Nikolay Gryazin spearhead Lancia’s...

Team Lancia Corse HF has announced the 2025 WRC2 championship runners-up...

Popular On GunnersToday.com

Arsecast Extra Episode 671 – 15.12.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
8h ago from Arseblog.com

“Maybe it’s because I’m not involved” - Arsene...

Former Arsenal manager Arsene Wenger reckons the Gunners have a good...
8h ago from SportsKeeda.com

It's fine to to win and be annoyed

Morning all. It's the start of a new week, and now that the dust has...
12h ago from Arseblog.com

AC Milan plotting January move for Arsenal star who...

AC Milan have reportedly made Gabriel Jesus their top attacking target for...
11h ago from CaughtOffside.com

Comments

Hottest News

F1 team reveals new name for 2026

The F1 team formerly known as Sauber have issued... Read More »
2h ago from GPFans.com

The new FIA rule that impacts every F1 team

The FIA have announced that a new Concorde... Read More »
3h ago from GPFans.com

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.