News Details

Wolff reportedly says Sauber would be ‘crazy' to sell right now

Now is not the time for Sauber's owners to sell the F1 team, so says Toto Wolff according to F1 journalist Michael Schmidt. Although heavily backed by Alfa Romeo, who are the title sponsors of the team, Sauber is owned by Longbow Finance, a Switzerland-based investment firm that comprises several Swedish billionaires. According to various reports, they are said to be in talks with former F1 driver and American racing team owner, Micahel Andretti, regarding the sale of the Sauber team. Andretti is rumoured to be considering buying an 80 percent stake in the Ferrari-powered team. But, according to Schmidt, Mercedes motorsport boss Wolff believes it would be a mistake for Longbow Finance to...
Full Story »
2y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Andretti takeover talks with Sauber set to ramp up in...

Team owner Michael Andretti will reportedly meet with representatives of...
2y ago from F1i.com

Andretti Autosport eye controlling stake in Sauber

Several reputable Formula 1 outlets are reporting that Andretti Autosport...
2y ago from GrandPrix247.com

'Andretti will make a move to Formula 1 via deal with...

Andretti is a big name in motorsports. Andretti already has a team in...
2y ago from GPBlog.com

Andretti linked to F1 move through Sauber takeover

Andretti is reportedly set to take over the Sauber organisation that runs...
2y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Vinales: Aprilia COTA MotoGP win has ‘different...

Maverick Vinales believes that his maiden win with Aprilia in MotoGP at...
15h ago from MotorsportWeek.c...

Ducati: Bastianini's COTA MotoGP podium an...

Ducati General Manager Gigi Dall’Igna labelled Enea Bastianini's podium...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Neuville and Evans tied to a tenth!

Thierry Neuville and Elfyn Evans fought a mighty duel across eight stages...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

'He can be a disaster' - William Gallas slams Arsenal...

Former Arsenal captain William Gallas claims that William Saliba is...
36m ago from SportsMole.co.uk

21-goal attacker admits he would be open to joining...

Ajax attacker Brian Brobbey has been linked to the move away from the...
46m 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.