News Details

Longbow Finances acquire Sauber F1 Team

The Sauber group have announced  a change in ownership. Following the signing of the acquisition agreement with the current shareholders, Longbow Finance S.A. will fully acquire Sauber Holding AG which is the ultimate holding company of the Sauber Group. It is Longbow Finance S.A.’s clear intention to stabilise the group and create the basis for a competitive and successful future. This transaction also secures the continuation of the brand Sauber in Formula One and will open opportunities to further grow the engineering activities of the group. There will be no changes to either the company or the team name. Peter Sauber will retire from all functions, being succeeded by Pascal Picci...
Full Story »
9y ago from JWGrandPrix.com 0
Share

You May Also Be Interested In...

Nasr committed to Sauber for 2017 – JWGP...

Ahead of the 2016 Hungarian Grand Prix, JWGP caught up with UK based...
9y ago from JWGrandPrix.com

Pit stop time vs. Pit lane times

Since the start of the 2016 Formula One World Championship DHL have been...
9y ago from JWGrandPrix.com

Lewis becomes the bookies favourite for the 2016 WDC

After securing back to back victories the Austrian and British Grand...
9y ago from JWGrandPrix.com

The British Grand Prix from Silverstone Six

I don’t like the British Grand Prix, It’s a shocking statement....
9y ago from JWGrandPrix.com

Elsewhere On The Network

Popular On MGPToday.com

Injured Marc Marquez set to travel to Madrid after...

One week after securing his seventh MotoGP title, Marc Marquez will fly...

Popular On IndyCarToday.com

Lochie Hughes secures IndyCar reserve role with...

Andretti Global has announced a continued partnership with Lochie Hughes...
16m ago from MotorsportWeek.c...

IMSA’s AO Racing considering expansion, possibly...

AO Racing, one of the more popular teams racing in IMSA currently, is...

Five IndyCar teams jump start offseason testing at...

Five different IndyCar teams completed a test at Mid-Ohio Sports Car...

Popular On TotalWRC.com

Hyundai WRT on the attack

Hyundai Shell Mobis World Rally Team is not taking their 2025 drubbing at...

Popular On GunnersToday.com

“They don’t understand football' - National team...

Sweden head coach Jon Dahl Tomasson has slammed critics of Arsenal striker...
1h ago from SportsKeeda.com

Arsenal invincible tells Mikel Arteta’s team what...

Arsenal legend Gilberto Silva has urged Mikel Arteta's side to create...
2h ago from SportsKeeda.com

Why Arsenal are considering switching to Wembley...

Arsenal are reportedly contemplating a drastic relocation of their home...
3h ago from CaughtOffside.com

Arsenal and Liverpool quoted £100m price for Premier...

Bournemouth are braced for a noisy January after sources indicated they...
6h ago from CaughtOffside.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.