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Canadian billionaire eyes Sauber takeover

Lawrence Stroll Sauber is quiet amid reports the Swiss Formula 1 team is on the verge of being sold to the Canadian retail billionaire and racing enthusiast Lawrence Stroll. A report emerged in Germany that claimed Stroll, whose son Lance is part of Sauber engine supplier Ferrari‘s driver academy, is in talks with the financially-struggling Hinwil based team. And it is believed the subsequent report at Motorsport.com was based on sources close to Stroll himself, who is associated with famous fashion brands including Michael Kors, Tommy Hilfiger and the Red Bull sponsor Pepe Jeans. He also owns the former Formula 1 circuit at Mont Tremblant, and numerous Ferrari road cars. But the...
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