News Details

Revitalised Sauber basks in brighter prospects

Monisha Kaltenborn has warned it will 'take time' to stabilise her Sauber team after it was acquired by the Longbow Finance group, but says it is now looking forward to a brighter future all the same. Ahead of the Hungarian Grand Prix, Sauber confirmed it had been sold to the Swiss financial services company in a deal that will see Kaltenborn stay on as team principal and eponymous founder Peter Sauber formally retire. Though relatively little is known about Longbow Finance itself – despite rumours it is has links to the wealthy Rausing family, founders of Tetra Pak -, Kaltenborn says the deal represents a significant moment for Sauber after months of financial uncertainty with a car...
Full Story »
8y ago from Crash.net 0
Share

You May Also Be Interested In...

Sauber's long-term future secured as new owners take...

Sauber confirmed on Wednesday that it has agreed a deal with Longbow...
8y ago from GrandPrixTimes.com

Sauber secures F1 future with change of ownership

Sauber's Formula 1 future appears to have been secured after it announced...
8y ago from Crash.net

Sauber F1 team announces change of ownership

The Sauber team has been sold to Swiss investment firm Longbow Finance, in...
8y ago from Motorsport.com

Longbow a front for Ericsson's backers in Sauber buyout

Monisha Kaltenborn has declined to confirm or deny reports it is Marcus...
8y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Alex Marquez suggests GP24 Ducati is like...

Alex Marquez suggested that the feeling of his new GP24 Ducati was like...

Marco Bezzecchi admits ‘difficult' Aprilia...

Marco Bezzecchi admitted he had found the adaptation process with Aprilia...
13h ago from MotorsportWeek.c...

Live: MotoGP 2025 season launch

No description available...
14h ago from Motorsport.com

Popular On IndyCarToday.com

Power sets goal of five move competitive years in...

Will Power is one of the NTT IndyCar Series’ longest tenured drivers,...

Andretti Global shows off new liveries for 2025...

Andretti Global has revealed a trio of new liveries for the team’s cars...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal join Man United in the race to sign 27-G/A...

Atalanta striker Mateo Retegui has been linked with a move to the Premier...
5h ago from CaughtOffside.com

Chelsea 'begin talks' over £83m attacker transfer as...

Chelsea reportedly open talks over a deal to sign Borussia Dortmund...
5h ago from SportsMole.co.uk

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.