News Details
Longbow Finance S.A. acquire Sauber
Sauber's financial restraints seem to have taken an encouraging step after Swiss company Longbow Finance S.A. announced that they are about to buy Sauber Holding AG. As a result of their financial difficulties, Sauber were forced to pull out of in-season testing last week at Silverstone, saying that would prefer to save their resources. The sale will mean that Peter Sauber will step down as owner of the team and be replaced by Pascal Picci, the President and CEO of Longbow Finance S.A. 'As a Swiss company, we are very pleased with having secured the future of a Swiss presence in a highly specialized and innovative industry,' Picci said during the announcement. Current team principal...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Longbow Finances acquire Sauber F1 Team
The Sauber group have announced a change in ownership. Following the...
9y ago from JWGrandPrix.com
Longbow Finance acquires Sauber
Sauber announces team's acquisition by Swiss finance company Longbow...
9y ago from Pitpass.com
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 now owned by Longbow Finance
Sauber has announced that Swiss-based investment firm Longbow Finance...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Who crashed the most during the 2025 MotoGP season?
No description available...
7h ago from Motorsport.com
Ai Ogura: Fifth on MotoGP debut “kills me” after...
No description available...
1d ago from Motorsport.com
Toprak Razgatlioglu reveals ‘biggest difference’...
Toprak Razgatlioglu has revealed how “different” MotoGP is to...
3d ago from MotorsportWeek.c...
Maverick Vinales “mentally stronger” than ever...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Chip Ganassi Racing lands new sponsor for Kyffin...
Chip Ganassi Racing has announced a new sponsor for the team’s #8 entry...
1d ago from MotorsportWeek.c...
Sunoco makes full-time IndyCar return as primary...
No description available...
1d ago from Motorsport.com
IndyCar announces independent officiating system
The NTT IndyCar Series announced on Thursday that it will implement a new...
2d ago from MotorsportWeek.c...
IndyCar to introduce independent officiating system
No description available...
2d ago from Motorsport.com
Popular On TotalWRC.com
Lancia reveals driver line-up for 2026 WRC return
No description available...
1d ago from Motorsport.com
FIA reveals final details of WRC 2027 regulations
No description available...
3d ago from Motorsport.com
What Adrien Fourmaux and Oliver Solberg learned from...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal v Wolves – live blog
Join us for live blog coverage of our Premier League game at home to...
45m ago from Arseblog.com
“How bad have we missed him”, “Pray for...
Arsenal fans are delighted to see William Saliba back in the starting XI...
25m ago from SportsKeeda.com
Arsenal v Wolves: Premier League – live
Premier League updates from the 8pm GMT kick-off<br>⚽ <a...
1h ago from TheGuardian.com
Comments
Hottest News
Check out the sound of 2026 Formula 1 courtesy of Honda
Honda has released a recording of their engine... Read More »
3h ago from GrandPrix247.com
Who is Magui Corceiro? Meet new F1 world champion Lando...
Since making waves online at the 2025 Monaco... Read More »
4h ago from GPFans.com
F1 drivers deliver clear verdict on departing ground-effect...
A number of F1 drivers have differed in their... Read More »
4h ago from MotorsportWeek.com
