News Details
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...
Full Story »
Full Story »
8mo ago from PlanetF1.com
0
You May Also Be Interested In...
Andretti takeover talks with Sauber set to ramp up in...
Team owner Michael Andretti will reportedly meet with representatives of...
8mo ago from F1i.com
Andretti Autosport eye controlling stake in Sauber
Several reputable Formula 1 outlets are reporting that Andretti Autosport...
8mo ago from GrandPrix247.com
'Andretti will make a move to Formula 1 via deal with...
Andretti is a big name in motorsports. Andretti already has a team in...
8mo ago from GPBlog.com
Andretti linked to F1 move through Sauber takeover
Andretti is reportedly set to take over the Sauber organisation that runs...
8mo ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez: 'A feeling of hope', waiting on X-ray,...
No description available...
2h ago from Crash.net
Vinales: ‘This is just the beginning’
Maverick Vinales has promised his maiden podium with Aprilia in the Dutch...
3h ago from MotorsportWeek.c...
Alex Rins: ‘Everybody can imagine where I will go...
No description available...
3h ago from Crash.net
Popular On IndyCarToday.com
Indy Lights driver Pedersen completes IndyCar test...
Current Indy Lights driver Benjamin Pedersen completed his first IndyCar...
12h ago from MotorsportWeek.c...
Norris: Herta ‘very suited’ to perform in F1
McLaren’s Lando Norris has backed Colton Herta to prevail in Formula 1,...
23h ago from MotorsportWeek.c...
Rossi: No change within Andretti despite imminent split
No description available...
3d ago from Motorsport.com
Castroneves sets sights on Daytona 500
Four-time Indianapolis 500 winner eager on NASCAR’s flagship event
4d ago from SpeedCafe.com
Popular On TotalWRC.com
Rovanpera: Safari Rally win the "hardest" of...
No description available...
1d ago from Motorsport.com
Wahome makes history as first female WRC3 winner at...
No description available...
1d ago from Motorsport.com
WRC Safari Rally: Rovanpera wins as Toyota scores...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera dominates proceedings at Safari Rally...
Kalle Rovanpera took victory as Toyota dominated the tough Safari Rally
1d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Manchester United target Lisandro Martinez’s...
No description available...
41m ago from SportsKeeda.com
Six sports stars who turned to politics including...
Although football and politics are worlds away, the two have mixed in...
1h ago from DailyStar.co.uk
Gabriel Jesus's five best goals for Manchester City
Ahead of Gabriel Jesus's £45m transfer to Arsenal, Sports Mole takes a...
1h ago from SportsMole.co.uk
Arsenal targeting Ajax defender due to injury concerns...
Arsenal are in the market for a new defender this summer. The Gunners have...
2h ago from CaughtOffside.com
Comments
Hottest News
Video: Red Bull show off their all-new hypercar
Red Bull have shared a glimpse of the RB17, which... Read More »
3h ago from RacingNews365.com
‘The FIA cannot do that': Red Bull fire warning as...
Porpoising has been a serious issue for a number... Read More »
41m ago from Formula1News.co.uk
Mercedes: 'Updates for W13 also visible this time'
Andrew Shovlin has confirmed that Mercedes will... Read More »
1h ago from GPBlog.com
