News Details
Sauber were confident of survival
Sauber team principal Monisha Kaltenborn has played down claims that they were on the verge of going bankrupt before three Russian companies came to their rescue.
Kaltenborn revealed at the start of July that they were struggling financially while the Hinwil squad's owner Peter Sauber admitted the predicament they found themselves in was "embarrassing". The team, though, secured its long-term future a few weeks later by signing sponsorship deals with three Russian entities.
Despite their struggles, Kaltenborn says they were never close to bankruptcy and were confident they would find financial backers.
"Because of the extent and scope of this deal, we knew it would take a...
Full Story »
Full Story »
13y ago from PlanetF1.com
0
You May Also Be Interested In...
Kaltenborn confident, relieved over Sauber bail-out
Monisha Kaltenborn has said that she's happy that Sauber F1's future has...
13y ago from Crash.net
Sauber cagey on Russian deal
Monisha Kaltenborn has re-iterated Sauber's intention to hand Sergey...
13y ago from SkySports.com
Sauber to keep control despite Russian deal
Sauber's new trio of Russian partners will put the financially-troubled...
13y ago from SuperSport.com
F1 2013 – Sauber never faced bankruptcy
Sauber team Principal Monisha Kaltenborn has revealed that Sauber were not...
13y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Netflix partners “Fast and Furious” writer for...
No description available...
18h ago from Motorsport.com
Pedro Acosta: “Marc Marquez is in the final stages...
No description available...
21h ago from Motorsport.com
MotoGP test rider warns current set to struggle with...
Pol Espargaro has warned that MotoGP riders may struggle to adapt to the...
22h ago from MotorsportWeek.c...
Davide Brivio hopes for more street races:...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Winners and losers from the IndyCar race in Markham
No description available...
16h ago from Motorsport.com
Red Bull driver set for potential shock IndyCar switch...
Yuki Tsunoda has been out of Formula 1 since being demoted by Red Bull at...
21h ago from MotorsportWeek.c...
F1 veteran Yuki Tsunoda in talks for 2027 IndyCar seat...
No description available...
1d ago from Motorsport.com
Will Power thought reaching the podium in Markham was...
Will Power finished IndyCar’s inaugural Markham event on the final step...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esapekka Lappi to rejoin Hyundai for WRC Rally Chile
No description available...
17h ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
1d ago from Motorsport.com
What to expect from WRC Rally Scotland after FIA test...
No description available...
1w ago from Motorsport.com
Thierry Neuville claims WRC Rally Finland was...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal vs Coventry City Prediction and Betting Tips |...
Arsenal kick off the defense of their English Premier League title by...
42m ago from SportsKeeda.com
Arteta aims high and looks to build on winning...
Morning all. Some Wednesday bits and pieces for you, starting with Mikel...
52m ago from Arseblog.com
Report: Arsenal ‘make move' to sign their...
Arsenal are reportedly ready to make their move for Juventus star Kenan...
9h ago from FreshArsenal.com
'Will land straight away' - Darren Bent makes bold...
Former Ipswich Town striker Darren Bent has predicted Liverpool to finish...
12h ago from SportsKeeda.com
Comments
Hottest News
Hadjar ruled out of Dutch GP after sustaining injury!
Red Bull has reportedly been plunged into a late... Read More »
2h ago from F1i.com
FIA confirms decision on Macarena wing ban after scary Max...
The FIA has confirmed that it will not move to... Read More »
42m ago from GPFans.com
2026 Dutch Grand Prix Mercedes' last chance to win at...
Mercedes have never won at Zandvoort ever since... Read More »
1h ago from GrandPrix247.com
