News Details

Sauber rescue deal not yet signed off?

The hopes and prayers of Sauber's Hinwil workforce appear to be no nearer being answered after it emerged that key signatures are still needed to cement the team's Russian rescue package.It was almost a month ago – 15 July to be exact – that the Swiss team issued a statement announcing that a consortium of Russian businesses had agreed to pump much-needed funds into its account, but not a single Euro has been seen in the weeks since then.According to sources in Germany, the deal is still awaiting key signatures at the Russian end, including that of current president Vladimir Putin. Die Welt claims that both eponymous owner Peter Sauber and team principal Monisha Kaltenborn have made...
Full Story »
11y ago from Crash.net 0
Share

You May Also Be Interested In...

Tilke: Russian GP will happen, I'm 100 percent sure

Circuit designer Hermann Tilke has said he has no doubt the Sochi...
11y ago from Crash.net

Next generation of Russian race drivers emerge on F1...

Amid the country's rising presence in Formula 1, the next generation of...
11y ago from GrandPrix247.com

Tilke '100% sure' Russian GP will go ahead

The designer of the Russian Grand Prix circuit, Hermann Tilke, has said...
11y ago from RichlandF1.com

Sochi track will be ready for Russia GP says Tilke

Hermann Tilke insists he is 100 per cent certain the circuit in Sochi will...
11y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

FOX acquires 33% stake in Penske Entertainment, IndyCar

Fox Corporation, parent company of broadcast company FOX Sports, has...

Colton Herta: IndyCar at Laguna Seca is a...

IndyCar’s latest visit to Laguna Seca produced rave reviews from...

Popular On TotalWRC.com

Kalle on course in Finland

Kalle Rovanperä and Jonne Halttunen ended the first full day of WRC...

Popular On GunnersToday.com

Player is 'keen' on Arsenal move, Gunners hoping to...

Crystal Palace attacker Eberechi Eze has been linked with a move away from...
15h ago from CaughtOffside.com

Report: Arsenal on alert as PL & CL winner yet to...

Arsenal are reportedly one of the clubs keeping an eye on the situation of...
14h ago from CaughtOffside.com

“It’s a great signing for Arsenal' - Former PL...

Former Newcastle United manager Alan Pardew has named Arsenal's Viktor...
13h ago from SportsKeeda.com

“Gonna put it out there” - Former Manchester...

Former Manchester United defender Demetri Mitchell has claimed that Rasmus...
17h 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.