News Details
Sauber finds buyer as Peter Sauber steps down
Sauber have announced that they have be bought by Longbow Finance after months of speculation about the team’s future. The new ownership of the team is aimed at creating a financially stable platform on which Sauber can begin to lay the foundations for their competitive revival. The team will retain the Sauber name, with Monisha Kaltenborn remaining as Team Principal and CEO. Peter Sauber will be stepping down and is to be replaced by Pascal Picci from Longbow Finance as Chairman of Sauber Holding AG. “We are very pleased that by reaching an agreement with Longbow Finance S.A., we can secure the future of Sauber at the pinnacle of motorsport,” Kaltenborn said, “We are convinced...
Full Story »
Full Story »
9y ago from FormulaSpy.com
0
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...
9y 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...
9y ago from Crash.net
Sauber F1 team announces change of ownership
The Sauber team has been sold to Swiss investment firm Longbow Finance, in...
9y ago from Motorsport.com
Sauber question the value of the Silverstone test
Sauber F1 Team‘s team principal Monisha Kaltenborn has questioned...
9y ago from TheCheckeredFlag....
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
2h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
6h ago from MotorsportWeek.c...
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
1d ago from MotorsportWeek.c...
This is what the 2027 Honda MotoGP bike will be called
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar boss Doug Boles explains new officiating system
No description available...
17h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
23h ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Simpson hoping Sunoco partnership grows into...
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Hyundai to run a WRC2 spec machine in 2027?
Hyundai has said it is considering a brand new WRC2 car for the 2027...
2h ago from MotorsportWeek.c...
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
2h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
4h ago from Motorsport.com
FIA announces new constructor set to join WRC 2027
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Ian Wright says he would 'take' this disrespected Man...
Arsenal legend Ian Wright has slammed the way Manchester United handled...
2h ago from CaughtOffside.com
'I actually think is a better player than Gyokeres' -...
Liverpool legend Jamie Carragher has boldly claimed that Gabriel Jesus is...
2h ago from SportsKeeda.com
Episode 858 – Girding our loins
Welcome to another episode of the Arsecast – the Arsenal podcast. In...
2h ago from Arseblog.com
Comments
Hottest News
How much prize money will each F1 team receive from 2025?
As F1 prepares to head into a new era, Liberty... Read More »
4h ago from MotorsportWeek.com
Why Yuki Tsunoda thinks he joined Red Bull at the worst time
Yuki Tsunoda has said that Red Bull "having... Read More »
59m ago from MotorsportWeek.com
Montoya ‘guarantees’ Piastri is exploring options...
Former McLaren driver Juan Pablo Montoya has... Read More »
2h ago from F1i.com
