News Details

Kaltenborn: The future of Sauber is secure

Sauber has finally found a solution to its financial predicament which almost sunk the Swiss Formula 1 team recently. That is the news from team co-owner and boss Monisha Kaltenborn, amid rumours and reports that Marcus Ericsson's Swedish backers are buying the team. 'I will not comment on rumours, but I can confirm that we have found a solution,' she told Salzburger Nachrichten newspaper. 'I will not name a time frame for the announcement but I can say that we have reason for optimism,' Kaltenborn added. She said the Hinwil team's situation since former owner BMW's withdrawal in 2009 has been 'very difficult', often designing a car for the new year without knowing if it will be raced....
Full Story »
8y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ericsson backers said to be behind Sauber rescue

It is Marcus Ericsson's main backer that is rescuing and buying the...
8y ago from GrandPrix247.com

Sauber saved by rescue plan set up by international...

Sauber is reportedly on the cusp of being sold amid a troubled Formula 1...
8y ago from GrandPrix247.com

Ericsson backers behind Sauber F1 rescue

Ericsson backers behind Sauber rescue – report It is Marcus...
8y ago from ThisIsF1.com

Sauber F1 buyout close to ‘official announcement’

Sauber F1 buyout close to ‘official announcement' Sauber is closing...
8y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

IndyCar Road America – Race Results

Road America was the scene of this weekend’s IndyCar event, and high...
51m ago from MotorsportWeek.c...

Alex Palou turns up the heat, earns IndyCar victory at...

The NTT IndyCar Series contested a fierce race at Road America Sunday...

Popular On TotalWRC.com

Rallies around the world: The ones not to miss – and...

Rallying is unlike any other motorsport. It doesn’t unfold on pristine...

Popular On GunnersToday.com

Arsenal receive boost in Rodrygo chase as sources...

Arsenal remain firmly interested in signing Real Madrid forward Rodrygo...
51m ago from FreshArsenal.com

Arsenal end talks to sign £70 million-rated star...

Arsenal have reportedly decided to end talks with Benjamin Sesko. The...
1h ago from SportsKeeda.com

Bayern Munich set sights on ‘incredible' Arsenal...

Bayern Munich have reportedly set their sights on Arsenal’s Gabriel...
5h ago from CaughtOffside.com

Surprise Premier League club eyeing up move for...

Brighton & Hove Albion have set their sights on Liverpool's Harvey Elliot...
5h ago from SportsKeeda.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.