News Details
Sauber announces change of ownership
Sauber F1 Team Sauber has announced a change of ownership which will see founder Peter Sauber retire from the team. Sauber has struggled in recent years and has yet to score a point in 2016, with its situation exacerbated by financial issues off-track. Sauber confirmed on Wednesday that it had struck an agreement for Longbow Finance S.A. to fully acquire Sauber Holding AG, which is the ultimate holding company of the Sauber Group. Peter Sauber will retire from all functions and be replaced by Pascal Picci as chairman, with Monisha Kaltenborn staying on as team principal. "We are very pleased that by reaching an agreement with Longbow Finance S.A., we can secure the future of Sauber at...
Full Story »
Full Story »
10y ago from F1Zone.net
0
You May Also Be Interested In...
Longbow Finances acquire Sauber F1 Team
The Sauber group have announced a change in ownership. Following the...
10y ago from JWGrandPrix.com
Longbow Finance fully acquire Sauber F1 Team
Longbow Finance fully acquire Sauber F1 Team Sauber F1 team has announced...
10y ago from ThisIsF1.com
Longbow Finance S.A. acquire Sauber
Sauber's financial restraints seem to have taken an encouraging step...
10y ago from PlanetF1.com
Sauber announces change of ownership
– Sauber has announced a change of ownership, with Longbow Finance...
10y ago from GPUpdate.net
Elsewhere On The Network
Popular On MGPToday.com
Davide Brivio hopes for more street races:...
No description available...
17h ago from Motorsport.com
Only four riders on the current grid have yet to win a...
No description available...
2d ago from Motorsport.com
Explained: the error that led to Fabio Quartararo’s...
No description available...
3d ago from Motorsport.com
MotoGP's tightest title race in years: What...
The numbers back that up. According to Crash.net's post-race breakdown,...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Will Power thought reaching the podium in Markham was...
Will Power finished IndyCar’s inaugural Markham event on the final step...
12h ago from MotorsportWeek.c...
Will Power goes from dead last to the podium in manic...
No description available...
14h ago from Motorsport.com
F1 veteran Yuki Tsunoda in talks for 2027 IndyCar seat...
No description available...
13h ago from Motorsport.com
Pato O’Ward survives Markham mayhem to charge from...
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
Champion rally driver Alex Fiorio dies aged 61
No description available...
14h 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 first team starter targeted by Barcelona days...
Arsenal could face an unexpected transfer decision before the summer...
1h ago from CaughtOffside.com
Kieran Gibbs in 'love' with how Arsenal star always...
Former Arsenal defender Kieran Gibbs has hailed the Gunners' new signing...
12h ago from SportsKeeda.com
Fabrizio Romano exclusive: Premier League clubs going...
Hey guys, Hey friends of Caught Offside. Fabrizio Romano has an update...
16h ago from CaughtOffside.com
Martin Odegaard warns the Premier League after two...
Martin Odegaard had a bit of a down season for Arsenal despite winning the...
18h ago from CaughtOffside.com
Comments
Hottest News
Mercedes fear relaibility woes more than Ferari or McLaren...
Mercedes Technical Director James Allison is wary... Read More »
47m ago from GrandPrix247.com
F1 Teams News
In-Depth & Independent Formula 1 News All The... Read More »
47m ago from GrandPrix247.com
F1 News Today: Lewis Hamilton ‘ready’ for title charge...
Ferrari superstar Lewis Hamilton is recharged and... Read More »
1h ago from GPFans.com
