News Details
Sauber F1 team announces change of ownership
The Sauber team has been sold to Swiss investment firm Longbow Finance, in a deal that will result in founder Peter Sauber retiring from all functions. Following months of speculation about new investors coming on board, the Hinwil-based outfit announced on Wednesday that the shares held by Peter Sauber and team principal Monisha Kaltenborn had been purchased by Longbow Finance. The deal secures the F1 future of the team – whose name will continue – and Kaltenborn will remain on as team principal and CEO. Peter Sauber will step down from the board though and be succeeded as chairman by Pascal Picci from Longbow Finance. Sauber said: "Monisha Kaltenborn and I yesterday signed an...
Full Story »
Full Story »
9y ago from Motorsport.com
0
You May Also Be Interested In...
Positive news boosting Sauber performances - Kaltenborn
XPB Images
Sauber team principal Monisha Kaltenborn believes...
9y ago from F1i.com
Kaltenborn explains Sauber's silence
Despite all the talk of Sauber having found a way out of their financial...
9y ago from PlanetF1.com
Sauber question the value of the Silverstone test
Sauber F1 Team‘s team principal Monisha Kaltenborn has questioned...
9y ago from TheCheckeredFlag....
Ericsson: "No bad thing" to stay at Sauber...
Marcus Ericsson says he would have no qualms about staying at Sauber in...
9y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Joan Mir admits Honda not ready to win in MotoGP:...
No description available...
5h ago from Motorsport.com
Trackhouse working to build American identity and...
No description available...
9h ago from Motorsport.com
Nicolo Bulega to replace Marc Marquez for remainder of...
Ducati has confirmed that its WorldSBK rider Nicolo Bulega will replace...
1d ago from MotorsportWeek.c...
Pol Espargaro: It’s "painful" Pedro Acosta...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Colton Herta ‘would love to be back’ for another...
Colton Herta still has a desire to compete in next year’s Indianapolis...
2d ago from MotorsportWeek.c...
Marco Andretti announces retirement from racing, won't...
No description available...
4d ago from Motorsport.com
Marco Andretti retires from IndyCar after 20 seasons
Marco Andretti announced his retirement from motor racing on Wednesday,...
4d ago from MotorsportWeek.c...
Mark Miles teases possible non-championship...
IndyCar is largely considered a North American championship, with races...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Kalle Rovanpera completes maiden F2 test ahead of...
No description available...
5d ago from Motorsport.com
Elfyn Evans: WRC points lead “guarantees absolutely...
No description available...
1w ago from Motorsport.com
M-Sport favours new WRC car build over upgraded Rally2...
No description available...
1w ago from Motorsport.com
Lancia confirms 2026 WRC2 entry with the new Ypsilon...
Lancia will return to the World Rally Championship next year with the new...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
'They are the only team' - Gary Neville names the only...
Manchester United legend Gary Neville believes Liverpool are the only side...
8h ago from SportsKeeda.com
'One of the best games he has played' - Mikel Arteta...
Arsenal manager Mikel Arteta has hailed the performance of summer addition...
12h ago from SportsKeeda.com
Burnley 0-2 Arsenal: Cruise control
Match report – Player ratings – Arteta's reaction –...
13h ago from Arseblog.com
Report: Arsenal have held positive talks with agents...
Arsenal are hoping to secure a new contract with Bukayo Saka in the coming...
23h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton loses again as key Ferrari figure makes...
A key Ferrari performance engineer from Lewis... Read More »
2h ago from GPFans.com
F1 2025: Wives and Girlfriends of Lewis Hamilton, Max...
Formula 1 is one of the most glamorous sports in... Read More »
1h ago from GPFans.com
Liam Lawson set to narrowly miss out on ultimate New...
Liam Lawson is on the cusp of falling short of an... Read More »
1h ago from RacingNews365.com
