News Details

Kaltenborn could exit as Russians arrive

Monisha Kaltenborn could be the big loser of Sauber's Russian rescue deal. Sonntagszeitung newspaper reports that the ailing Swiss team's new partners, all linked to the Russian Federation, are planning to inject a staggering $500 million into Hinwil. According to Schweiz am Sonntag newspaper, that will pay off the team's crippling $110 million debts and lay the foundation for a sound future, with Russian teen Sergey Sirotkin scheduled to be at the wheel in 2014. But Blick newspaper reports that Sauber's new Russian money will not start flowing until at least the end of August. And the Swiss report said Sauber's current ownership structure will not be changed in the short term, and nor will...
Full Story »
12y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Kaltenborn may face axe as Russian era arrives at...

Monisha Kaltenborn could be the big loser when the chips are down after...
12y ago from GrandPrix247.com

Sauber rescue deal worth $170 million

Sauber boss Monisha Kaltenborn has clarified reports suggesting the Swiss...
12y ago from GrandPrix.com

Sauber rescue package reportedly worth $170 million

Sauber rescue package reportedly worth $170 million 16 July, 2013 Peter...
12y ago from GrandPrix247.com

Skepticism about Sauber's Russian deal

The extent of Sauber's Russian rescue deal, and the emergence of future...
12y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Gresini Racing exploring potential Honda MotoGP...

Gresini Racing are exploring a potential reunion with Honda as a...

How Marco Bezzecchi dominated the Brazilian MotoGP to...

New MotoGP championship leader Marco Bezzecchi overcame a "really...

Popular On IndyCarToday.com

Takuma Sato makes Indy 500 return with RLL

Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...

Helio Castroneves confirms return for 26th...

Helio Castroneves has confirmed that he will take part in the upcoming...

Popular On TotalWRC.com

Popular On GunnersToday.com

100m-rated Premier League newcomer set to spark...

Rayan has done quite well since moving to the Premier League, and he has...
41m ago from CaughtOffside.com

After injury to William Saliba, Arsenal defender...

Arsenal defender Gabriel Magalhães has also withdrawn from the national...
2h ago from SportsKeeda.com

“A final defeat doesn’t define us” - Arsenal...

Arsenal star Declan Rice took to Instagram to share a message for fans...
3h ago from SportsKeeda.com

The hidden factors that could decide the Premier...

The Premier League is entering its final weeks and the league table...
5h 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.