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
Ducati will continue racing its unbeatable 2024 engine...
No description available...
19h ago from Motorsport.com
Can Johann Zarco match factory Honda duo Joan Mir and...
No description available...
21h ago from Motorsport.com
Joan Mir: ‘Everyone cannot sleep’ because of 2027...
Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
1d ago from MotorsportWeek.c...
Marco Bezzecchi satisfied with ‘smaller’...
Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Romain Grosjean returns to IndyCar with full time seat...
Dale Coyne Racing has made public its plans for the 2026 IndyCar season,...
1d ago from MotorsportWeek.c...
Honda confirms early discussions for 2028 factory...
Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
2d ago from MotorsportWeek.c...
Romain Grosjean returns to IndyCar, signs with Dale...
No description available...
1d ago from Motorsport.com
Mick Schumacher reveals what has surprised him the...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
WRC Sweden: Elfyn Evans heads Toyota 1-2-3-4 into...
No description available...
16h ago from Motorsport.com
Elfyn Evans in charge on Rally Sweden
Ice, sunshine and flat-out driving was the order of the day on Rally...
15h ago from MotorsportWeek.c...
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
'Have to be looking for an elite manager' - Pundit...
CBS Sports co-commentator Andy Townsend believes Manchester United must...
55m ago from SportsKeeda.com
Arsenal plot shock raid for ‘priceless’ star from...
Arsenal are looking at Inter Milan defender Alessandro Bastoni ahead of...
56m ago from CaughtOffside.com
Changes and a midfield question for Wigan FA Cup clash
Morning. We're in FA Cup 4th round action today, taking on Wigan at home....
2h ago from Arseblog.com
Sources: '70-80m deal possible as Arsenal & Man...
AC Milan is preparing for a major squad overhaul at the end of the season,...
4h ago from CaughtOffside.com
Comments
Hottest News
F1 star reveals health battle that took years to recover...
F1's newest star Arvid Lindblad has opened up on... Read More »
56m ago from GPFans.com
Max Verstappen and Lewis Hamilton defended after handing F1...
Max Verstappen and Lewis Hamilton have been... Read More »
45m ago from RacingNews365.com
‘Proud’ Wheatley hails Audi’s progress in Bahrain
Audi team principal Jonathan Wheatley believes... Read More »
36m ago from F1i.com
