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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...
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7mo ago from PlanetF1.com 0
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