News Details

Sauber to keep control despite Russian deal

Sauber's new trio of Russian partners will put the financially-troubled Swiss Formula One team on a solid footing without taking control of it, principal Monisha Kaltenborn said on Saturday. "The structure of the ownership of the team is not going to change," she told reporters at the Hungarian Grand Prix, adding that she intended to remain in her position and there were no plans to change the name of the outfit either. Sauber announced last week a partnership with Russia's Investment Cooperation International Fund, the State Fund of Development of the North-West Russian Federation and the National Institute of Aviation Technologies. As part of the deal, the team said they would...
Full Story »
12y ago from SuperSport.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

Ecclestone hints woman could succeed him at the helm...

Monisha Kaltenborn has emerged as a candidate to succeed Bernie Ecclestone...
12y ago from GrandPrix247.com

Kaltenborn could exit as Russians arrive

Monisha Kaltenborn could be the big loser of Sauber's Russian rescue deal....
12y ago from GrandPrix.com

Kaltenborn under threat as Sauber CEO?

Monisha Kaltenborn's tenure as a F1 team principal could be under threat...
12y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Man United & Spurs very interested in...

Bournemouth attacker Antoine Semenyo has been linked with a move away from...
9h ago from CaughtOffside.com

'Arteta gave him the opportunity' - Arsenal star's...

Arsenal star Mikel Merino's father, Miguel, has credited Mikel Arteta for...
10h ago from SportsKeeda.com

Episode 849 – Conor McNamara

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
12h ago from Arseblog.com

Fulham vs Arsenal Prediction and Betting Tips | 18th...

The Premier League is back in action with another set of matches this...
12h ago from SportsKeeda.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.