News Details
Sauber secure long-term future via Russian investment
Sauber F1 Team's long-term future appears to have been secured after three Russian companies confirmed their investment in the Swiss team early this morning.
The team's financial crisis had been well-documented in recent weeks with Peter Sauber admitting that suppliers had not been paid, and Nico Hulkenberg was rumoured to have not been paid, thus terminating his contract with the team temporarily until investment was found. However, a solution appears to have been found.
The statement from Sauber reads:
'We are pleased to announce a partnership between the Investment Corporation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute...
Full Story »
Full Story »
12y ago from RichlandF1.com
0
You May Also Be Interested In...
Sauber saved by eleventh hour funding from Russian...
Sauber saved by eleventh hour funding from Russian consortium 15 July,...
12y ago from GrandPrix247.com
Sauber ensures long-term Formula 1 future
Sauber has secured its long-term future in Formula 1 by joining forces...
12y ago from GPUpdate.net
No financial help for Sauber - Ecclestone
Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
12y ago from TheF1Times.com
Sauber land Russian deals
Sauber have announced partnerships with three Russian institutions that...
12y ago from SkySports.com
Elsewhere On The Network
Popular On MGPToday.com
Kevin Schwantz: “I see myself reflected in Marc...
No description available...
1h ago from Motorsport.com
Fermin Aldeguer suffers fracture in MotoGP training...
No description available...
3h ago from Motorsport.com
Marc Marquez to make Ducati return in private Valencia...
No description available...
1d ago from Motorsport.com
Pushing aero to the limit: The evolution of winglets...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Will Power turns first IndyCar laps with Andretti at...
IndyCar veteran Will Power completed his first test laps with his new...
3h ago from MotorsportWeek.c...
Alex Palou delivers takedown of McLaren F1 drivers...
IndyCar champion Alex Palou has delivered a takedown of both McLaren...
3h ago from MotorsportWeek.c...
Power completes “very good” first outing with...
No description available...
16h ago from Motorsport.com
McLaughlin set to have new spotter for 2026 IndyCar...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2026, Stage 5: Ford strikes back to win but...
No description available...
7h ago from Motorsport.com
Hyundai postpones Thierry Neuville's Monte Carlo test...
No description available...
5h ago from Motorsport.com
Why defending champion Yazeed Al-Rajhi retired from...
No description available...
1d ago from Motorsport.com
Toyota reveals new-look WEC Hypercar for 2026 amid...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal ready to join race to sign Manchester City and...
Arsenal have reportedly joined the race to sign Liverpool and Manchester...
1h ago from SportsKeeda.com
Surprise report claims Arsenal are ready to hijack Man...
Arsenal are reportedly keeping an eye on Crystal Palace centre-back Marc...
3h ago from CaughtOffside.com
Former Arsenal star makes BIG prediction about recent...
Former Arsenal right-back Emmanuel Eboue has given his backing to...
3h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff addresses Mercedes power unit superiority...
Toto Wolff has delivered a telling update on... Read More »
1h ago from MotorsportWeek.com
Former Ferrari Engineer Jock Clear claims 2026 won't be...
With the sweeping regulation changes Formula 1 is... Read More »
5h ago from GrandPrix247.com
Audi to shake down their 2026 F1 car in Barcelona on...
After revealing earlier this week that they have... Read More »
1h ago from GrandPrix247.com
