News Details
Sauber secures F1 future as investment materialises
XPB Images
Sauber has announced it has secured its Formula One future, with financial investment company Longbow Finance S.A. set to “fully acquire Sauber Holding AG which is the ultimate holding company of the Sauber Group.” Sauber’s difficulties have been well documented over the past few years, with meagre resources limiting development and upgrades to the 2016-spec C35. As the only team yet to score a point this year, the Swiss outfit currently sits 11th and last in the Constructors’ championship. The change of ownership will see team founder Peter Sauber, who entered F1 with his eponymous squad in 1993, step down and be replaced by Pascal Picci, the President &...
Full Story »
Full Story »
You May Also Be Interested In...
Longbow Finance acquires Sauber
Sauber announces team's acquisition by Swiss finance company Longbow...
10y ago from Pitpass.com
Longbow Finances acquire Sauber F1 Team
The Sauber group have announced a change in ownership. Following the...
10y ago from JWGrandPrix.com
Sauber secures F1 future with change of ownership
Sauber's Formula 1 future appears to have been secured after it announced...
10y ago from Crash.net
Sauber F1 team announces change of ownership
The Sauber team has been sold to Swiss investment firm Longbow Finance, in...
10y ago from Motorsport.com
Elsewhere On The Network
Popular On MGPToday.com
Jack Miller to leave MotoGP world championship after...
No description available...
1h ago from Motorsport.com
Ai Ogura out of Aragon GP following Japan crash that...
No description available...
18h ago from Motorsport.com
Aprilia has found the formula to prevent Marco...
No description available...
20h ago from Motorsport.com
Fermin Aldeguer confirms move to VR46 Ducati on...
VR46 Racing Team has confirmed the signing of Fermin Aldeguer on a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Honda completes historic 2026 IndyCar street circuit...
No description available...
16h ago from Motorsport.com
From one-off to annual fixture? Freedom 250 Grand Prix...
No description available...
20h ago from Motorsport.com
IndyCar’s Freedom 250 GP draws large TV audience
Last Sunday, the NTT IndyCar Series held an event in Washington D.C., and...
21h ago from MotorsportWeek.c...
Washington D.C. IndyCar viewership was the highest for...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
FIA: Attracting Chinese manufacturers a “clear...
No description available...
1d ago from Motorsport.com
Could qualifying resolve the WRC’s 2027 road order...
No description available...
2d ago from Motorsport.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
1w ago from Motorsport.com
Sebastien Ogier ready for WRC return after Finland...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
'I voted for some Arsenal player' - Manchester United...
Manchester United captain Bruno Fernandes has revealed that he voted for...
2h ago from SportsKeeda.com
Julian Alvarez to Arsenal transfer odds slashed as...
Arsenal fans may be excited to know that bookmakers Ladbrokes have...
1h ago from CaughtOffside.com
Report: Chelsea consider rivalling Arsenal for...
Chelsea are reportedly still interested in a potential transfer swoop for...
1h ago from CaughtOffside.com
True: Arsenal were ready to match Liverpool's Bradley...
We recently reported on Arsenal still being interested in Bradley Barcola...
59m ago from CaughtOffside.com
Comments
Hottest News
Sergio Perez says there is disappointment because Cadillac...
Sergio Perez shed some light on the situation... Read More »
59m ago from GrandPrix247.com
Horner ‘vindicated' as accuser loses new F1 role
Aug.27 Christian Horner reportedly feels... Read More »
2h ago from OneStopStrategy.com
Cadillac F1 team eye Red Bull star as 'concrete talks'...
Cadillac are in 'concrete talks' with a former... Read More »
2h ago from GPFans.com
