News Details

Strong Swiss Franc threatens Sauber's Future

The supercharged nature of Switzerland's currency, the Swiss Franc, is having threatening Sauber's ability to remain on the F1 grid. Given Swiss neutrality to EU legislation (as a non EU member) and a taxation system encouraging corporate domicile, during times of economic turbulence the Swiss Franc is perceived as a safe investment, the impact of which leads to a disproportionately strong currency, which put simply means the value of finance coming into a company such as the Sauber F1 team from sources outside of country has been increasingly diminished. Speaking in the FIA Team Press Conference at the Russian Grand Prix yesterday Team representative  Beat Zehinder commented: 'A simple...
Full Story »
9y ago from JWGrandPrix.com 0
Share

You May Also Be Interested In...

Carlos vs. Max STR factory sprint challenge

The toughest STR challenge so far? Did Max take a short cut….???...
9y ago from JWGrandPrix.com

Your name on an F1 Car #LetsRaceTogetherContest

Ok,  so I'm a couple of weeks late to this but I just came across the...
9y ago from JWGrandPrix.com

BGF1 hits the road

  Online Casino Betsafe have launched their 2016 Gumball Rally 3000...
9y ago from JWGrandPrix.com

Red Bull Racing renew Pepe Jeans London partnership

Red Bull Racing have announced the renewal of their partnership with Pepe...
9y ago from JWGrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Scott Dixon awarded prestigious New Zealand honor

To close out 2025, one of IndyCar’s most decorated drivers was awarded...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

A New Year's Day ramble

Good morning everyone, and welcome to 2026. Here's a quick New Year's Day...
34m ago from Arseblog.com

Arsenal hoping to repeat Odegaard-type deal and sign...

Arsenal are looking to recreate the conditions of their signing midfielder...
1h ago from SportsKeeda.com

An INCREDIBLE shootout! All 15 superb pens from...

Every penalty from the quarter-final shootout between Arsenal and Crystal...
4m ago from SkySports.com

Was Verbruggen foul on Gyokeres worthy of a red card?

Bart Verbruggen was shown a yellow card for his challenge on Viktor...
4m ago from SkySports.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.