News Details
Sauber deny Russian deal on brink of collapse
The media is awash with reports that Sauber's Russian backing is on the brink of collapse, and therefore the team is faced with being sold or the threat of bankruptcy. The Swiss team has however denied the latest "rumour" and insists the deal is progressing as planned. According to German media, the Board of the National Institute of Aviation Technologies (NIAT) - one of the three businesses backing Sauber - has voted against the proposed investment in the Formula 1 team. The report continues to suggest that the loss of NIAT will result in the loss of around €400 million over several years. Sauber has however hit back, with a spokesperson telling Auto Motor und Sport that...
Full Story »
Full Story »
12y ago from TheF1Times.com
0
You May Also Be Interested In...
Sauber's Russian rescue package on the brink of...
It has now emerged that Sauber's supposed ‘Russian rescue deal' is...
12y ago from GrandPrix247.com
Sauber claim Russian bailout collapse reports not...
Leading figures involved with Sauber's high profile Russian rescue deal...
12y ago from GrandPrix247.com
Russian board rejection places Sauber in jeopardy
Reports today are that the Board of the National Institute of Aviation...
12y ago from Pitpass.com
Sauber boss admits delay in Russian rescue deal
August 8th, 2013 - Monisha Kaltenborn has admitted Sauber's Russian...
12y ago from F1Plus.com
Elsewhere On The Network
Popular On MGPToday.com
Breakthrough or false dawn? Francesco Bagnaia finds...
No description available...
12h ago from Motorsport.com
MotoGP Sepang test: Honda leads rain-hit Day 2 as...
No description available...
14h ago from Motorsport.com
Yamaha halts Sepang MotoGP running while investigating...
No description available...
18h ago from Motorsport.com
MotoGP Sepang test: Marc Marquez tops Day 1 as Fabio...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
"It's fun," says Mick Schumacher after his...
No description available...
3h ago from Motorsport.com
Mick Schumacher found the limit “pretty early” in...
No description available...
1h ago from Motorsport.com
Arrow McLaren unveils liveries for 2026 IndyCar...
Arrow McLaren has taken the wraps off its trio of challengers for the...
2h ago from MotorsportWeek.c...
Felix Rosenqvist: Modern IndyCar demands driving...
Felix Rosenqvist has commented about how IndyCar drivers have to push...
11h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Iconic Ouninpohja stage dropped from 2026 WRC Rally...
No description available...
1d ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
1w ago from Motorsport.com
More than 10 tuners interested in joining WRC under...
No description available...
1w ago from Motorsport.com
Why Thierry Neuville struggled in “most difficult”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Chelsea pushing hard to sign Championship...
Arsenal, Chelsea and Liverpool are interested in signing the Middlesbrough...
5h ago from CaughtOffside.com
Arsenal and Chelsea send high-ranking official to...
Bayern Munich attacker Lennart Karl has been linked with a move away from...
5h ago from CaughtOffside.com
'That's a cheeky little tactic' - Gary Neville gives...
Gary Neville has heaped praise on Chelsea manager Liam Rosenior for his...
10h ago from SportsKeeda.com
Man United told to enter transfer race for ‘top'...
Manchester United have been encouraged to closely monitor the situation of...
13h ago from CaughtOffside.com
Comments
Hottest News
F1: FW48 hits the track
Williams 2026 contender, the FW48, has finally... Read More »
3h ago from Pitpass.com
FIA confirm F1 engine update as rivals rage about Mercedes...
The FIA have issued an update over a supposed... Read More »
7h ago from GPFans.com
Horner weighs in on explosive 2026 F1 engine controversy
Christian Horner has waded into Formula 1’s... Read More »
8h ago from F1i.com
