News Details

Billionaire Stroll looking to buy Sauber F1 Team

Sauber is on the brink of being taken over by Canadian billionaire Lawrence Stroll according to reports in the Monza paddock over the weekend. The team is in need of investment after a disappointing season and a collapsed financial deal with a group of Russian investors. Stroll, who made his fortune in the fashion industry, was linked with the purchase of a stake in the sport itself, but it's now apparent that he is looking to invest in a team and talks with Sauber have recently taken place. Stroll has strong links with Sauber's engine supplier Ferrari. He has an expansive collection of Ferrari cars - he recently paid £17 million ($27.5m) for Ferrari 275 GTB - and his son, Lance, is a...
Full Story »
10y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Canadian billionaire eyes Sauber takeover

Lawrence Stroll Sauber is quiet amid reports the Swiss Formula 1 team is...
10y ago from GrandPrix247.com

Sauber Targeted By Canadian Billionaire

Struggling Sauber could have a valuable life line thrown to them as it...
10y ago from TheCheckeredFlag....

Sauber quiet amid Stroll buyout reports

Sauber quiet amid Stroll buyout reportsPosted On 08 Sep 2014By :...
10y ago from ThisIsF1.com

Sauber quiet amid Stroll buyout reports

Sauber is quiet amid reports the Swiss team is being sold to the Canadian...
10y ago from GrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Louis Foster reveals likely cause of scary 180MPH...

On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...

Popular On TotalWRC.com

Popular On GunnersToday.com

PFA chief Molango voices concern over impact of...

t;li>No solution to football’s bloated schedule in sight‘Quite a...
1h ago from TheGuardian.com

Arsecast Extra Episode 642 – 02.06.2025

Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
1h ago from Arseblog.com

Arsenal and Manchester City view PSG star named on the...

Premier League giants Arsenal and Manchester City are reportedly...
4h ago from SportsKeeda.com

Barcelona Transfer News Roundup: Catalans eyeing...

Barcelona are working to add more quality to their squad before the start...
4h 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.