News Details

Kaltenborn: The future of Sauber is secure

Sauber has finally found a solution to its financial predicament which almost sunk the Swiss Formula 1 team recently. That is the news from team co-owner and boss Monisha Kaltenborn, amid rumours and reports that Marcus Ericsson's Swedish backers are buying the team. 'I will not comment on rumours, but I can confirm that we have found a solution,' she told Salzburger Nachrichten newspaper. 'I will not name a time frame for the announcement but I can say that we have reason for optimism,' Kaltenborn added. She said the Hinwil team's situation since former owner BMW's withdrawal in 2009 has been 'very difficult', often designing a car for the new year without knowing if it will be raced....
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ericsson backers said to be behind Sauber rescue

It is Marcus Ericsson's main backer that is rescuing and buying the...
9y ago from GrandPrix247.com

Sauber saved by rescue plan set up by international...

Sauber is reportedly on the cusp of being sold amid a troubled Formula 1...
9y ago from GrandPrix247.com

Ericsson backers behind Sauber F1 rescue

Ericsson backers behind Sauber rescue – report It is Marcus...
9y ago from ThisIsF1.com

Sauber F1 buyout close to ‘official announcement’

Sauber F1 buyout close to ‘official announcement' Sauber is closing...
9y ago from ThisIsF1.com

Elsewhere On The Network

Popular On MGPToday.com

‘A World Champion cannot do a mistake like that'...

Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...

Popular On IndyCarToday.com

Longtime IndyCar team owner Dennis Reinbold passes...

Dreyer and Reinbold Racing announced Sunday that the team’s owner and...
15h ago from MotorsportWeek.c...

IndyCar Officiating details infraction severity levels

IndyCar Officiating has released more specific information regarding the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Sources rule out Chelsea from chasing top midfielder...

Chelsea are being linked with a number of targets this summer – but...
1h ago from CaughtOffside.com

Just in: Arsenal push for £50m wonderkid deal after...

Arsenal have reportedly opened preliminary talks to sign Lille midfielder...
2h ago from CaughtOffside.com

Arsenal and Man City face £100m battle to sign player...

Arsenal and Manchester City are both interested in signing Newcastle...
3h ago from CaughtOffside.com

Approach made: Arsenal step up midfielder chase after...

Arsenal have taken the first steps towards a possible summer move for AS...
5h 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.