News Details

Sauber rescue deal looking increasingly uncertain

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 »
12y ago from Crash.net 0
Share

You May Also Be Interested In...

Sauber rescue deal not yet signed off?

The hopes and prayers of Sauber's Hinwil workforce appear to be no nearer...
12y ago from Crash.net

2014 not yet on van der Garde's mind

Giedo van der Garde is refusing to be caught up in rumours regarding his...
12y ago from RichlandF1.com

Button has faith in Pirelli, says tyres will be fine...

McLaren's Jenson Button has said he will go to the Belgian Grand Prix...
12y ago from Crash.net

Mallya hopeful of bouncing back in Belgium

Vijay Mallya is hopeful that the problems Force India suffered with...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Alex Palou responds to McLaren court ruling

Alex Palou has been ordered to pay McLaren Racing over $12 million...

McLaren wins contract breach suit against Alex Palou

McLaren has prevailed in its lawsuit against star IndyCar driver Alex...

Popular On TotalWRC.com

Oliver Solberg crowned the youngest ever Rallye Monte...

Oliver Solberg and Elliot Edmondson created a piece of Rally Monte Carlo...
14h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Patrick Vieira makes interesting Arsenal title...

Arsenal legend Patrick Vieira delivered a mixed verdict on his former...
7h ago from CaughtOffside.com

Arsenal's mental strength questioned by Vieira

Arsenal's former captain Patrick Vieira has questioned the Gunners'...
8h ago from SkySports.com

‘We got punished’: Arteta rues errors as...

t;li>Zubimendi mistake led to Mbeumo equaliser‘We were dominant …...
8h ago from TheGuardian.com

Arteta’s team of ruthless cyborgs malfunction in way...

enal let game slip against Manchester United and need to quickly regain...
8h ago from TheGuardian.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.