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...
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11y ago from TheF1Times.com
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