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Longbow Finance fully acquire Sauber F1 Team
Longbow Finance fully acquire Sauber F1 Team Sauber F1 team has announced a change in ownership that secures the future of its F1 operation and offers scope for growth in the future. 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...
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9y ago from ThisIsF1.com
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