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 »
9y 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...
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

Longbow a front for Ericsson's backers in Sauber buyout

Monisha Kaltenborn has declined to confirm or deny reports it is Marcus...
9y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Joan Mir: ‘Everyone cannot sleep’ because of 2027...

Joan Mir suggested that rumours about the 2027 MotoGP rider market are...
19m ago from MotorsportWeek.c...

Fermin Aldeguer to miss MotoGP season opener in...

Gresini Ducati has confirmed Fermin Aldeguer will miss the opening round...

Marco Bezzecchi satisfied with ‘smaller’...

Marco Bezzecchi admits the Aprilia bike has slightly improved “in all...

Popular On IndyCarToday.com

Honda confirms early discussions for 2028 factory...

Honda, one of two engine manufacturers that supply IndyCar, has confirmed...
18h ago from MotorsportWeek.c...

IndyCar announces multi-year extension with engine...

The NTT IndyCar Series has announced a long-term continuation with both...
22h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

National team manager 'optimistic' about Arsenal...

Spain manager Luis de la Fuente has spoken about Arsenal midfielder Mikel...
59m ago from CaughtOffside.com

Andrea Berta already working on exciting Arsenal...

Arsenal sporting director Andrea Berta has reportedly already requested...
19m ago from CaughtOffside.com

'Who could predict…' – Arsenal fans won't...

Arsenal manager Mikel Arteta has made a slightly unconvincing claim about...
1h ago from CaughtOffside.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.