News Details
Sauber F1 buyout close to ‘official announcement’
Sauber F1 buyout close to ‘official announcement' Sauber is closing on a deal to bail the Swiss team out of its perilous financial situation. This week, it emerged that unpaid employee salaries for May and June had suddenly been paid, amid reports an international investment group is about to buy Sauber. 'Obviously there is a change in atmosphere because now everyone believes again that there is a future,' team manager Beat Zehnder said in Austria. The deal could be so far advanced that an 'official announcement' could be just days away, a Sauber team spokesman said at the Red Bull Ring. 'In the next two weeks we hope to make an official announcement of great importance to the team,'...
Full Story »
Full Story »
9y ago from ThisIsF1.com
0
You May Also Be Interested In...
Sauber: There should be a brighter future
Team manager Beat Zehnder says Sauber are closing in on the light at the...
9y ago from PlanetF1.com
Zehnder: There should be a brighter future for Sauber
Swiss-based Sauber believe they can see light at the end of the tunnel...
9y ago from GrandPrix247.com
Sauber's future now 'brighter'
Sauber team manager Beat Zehnder says that the outfit is now back to...
9y ago from Motorsport.com
Sauber saved by rescue plan set up by international...
Sauber is reportedly on the cusp of being sold amid a troubled Formula 1...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda in conundrum over Somkiat Chantra stand-in for...
No description available...
17h ago from Motorsport.com
BMW admits 2027 MotoGP entry “not viable” as it...
No description available...
1d ago from Motorsport.com
Why 2026 is the right time for Ducati to field six...
No description available...
2d ago from Motorsport.com
Marc Marquez shares initial reaction to new MotoGP...
Marc Marquez shared his verdict on the new Balaton Park MotoGP circuit...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Christian Lundgaard earns IndyCar pole, will start...
Drivers of the NTT IndyCar Series took to Portland International Raceway...
8h ago from MotorsportWeek.c...
Pato O’Ward on IndyCar pole in Portland after...
No description available...
7h ago from Motorsport.com
IndyCar Portland – Qualifying Results
IndyCar rolled into Portland or the second event of a West Coast swing,...
8h ago from MotorsportWeek.c...
Jacob Abel: ‘I would hate if this was my only...
Jacob Abel is one of three rookies in IndyCar this season, and is hopeful...
13h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
6d ago from MotorsportWeek.c...
Future second Asian/Pacific event behind WRC calendar...
No description available...
4d ago from Motorsport.com
Kurt Busch backs WRC return to USA after first taste...
No description available...
1w ago from Motorsport.com
Sebastien Ogier sets sights on WRC 2025 title push
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta hints at more signings following Bilbao...
Mikel Arteta has suggested that Arsenal’s summer transfer business is...
6h ago from FreshArsenal.com
Player ratings: Arsenal 3-0 Athletic Bilbao
Arsenal ended pre-season with a convincing win over La Liga side Athletic...
10h ago from FreshArsenal.com
Gyokeres off the mark as Arsenal end pre-season with...
Viktor Gyokeres scored his first goal for Arsenal as the Gunners finished...
10h ago from SkySports.com
“Looked better in blue” - Chelsea youngster drops...
Chelsea academy star Heze Grimwade has sent a cheeky message to Noni...
12h ago from SportsKeeda.com
Comments
Hottest News
Mercedes contract announcement takes twist after George...
George Russell is not expecting an announcement... Read More »
12h ago from GPFans.com
Aston Martin ‘phenomenal turnaround’ sparked by one key...
Aston Martin’s performance surge at the... Read More »
21h ago from F1i.com
Lewis Hamilton FINALLY triumphs in tense Ferrari...
When it comes to F1 team-mate head-to-heads Lewis... Read More »
7h ago from GPFans.com
