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 »
7mo 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...
7mo ago from F1i.com
Andretti Autosport eye controlling stake in Sauber
Several reputable Formula 1 outlets are reporting that Andretti Autosport...
7mo 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...
7mo ago from GPBlog.com
Andretti linked to F1 move through Sauber takeover
Andretti is reportedly set to take over the Sauber organisation that runs...
7mo ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP Rider Market: The latest on who could be...
No description available...
6h ago from Crash.net
Ducati: Our riders "will think twice" about...
No description available...
1d ago from Motorsport.com
Dovizioso ‘sorry and disappointed, this bike does...
No description available...
2d ago from Crash.net
Honda 'facing some troubles, still searching for true...
No description available...
2d ago from Crash.net
Popular On IndyCarToday.com
O’Ward draws first position for Indy 500 qualifying
McLaren SP’s Pato O’Ward will be first out for Qualifying at the...
12h ago from SpeedCafe.com
Sato still in Indy 500 qualifying ‘grey zone’
Fast Friday pace-setter Takuma Sato admits he is still in a 'grey zone' as...
6h ago from SpeedCafe.com
Johnson brings out Caution after hitting Indy wall
Jimmie Johnson has drawn the second Caution period of Fast Friday after...
18h ago from SpeedCafe.com
Indy 500 qualifying extended due to weather forecast
The opening day of qualifying for the Indianapolis 500 has been extended...
15h ago from SpeedCafe.com
Popular On TotalWRC.com
Elfyn Evans ends Friday on top in Portugal
Elfyn Evans tops the WRC standings after Fridays Stages with his teammate...
16h ago from MotorsportWeek.c...
M-Sport unsure if Loeb will rejoin Rally Portugal...
No description available...
14h ago from Motorsport.com
Ogier in disbelief over puncture exit from Rally...
No description available...
14h ago from Motorsport.com
WRC Portugal: Evans leads Rovanpera after brutal Friday
No description available...
16h ago from Motorsport.com
Popular On GunnersToday.com
Thomas Partey returns to Arsenal training ahead of...
Arsenal midfielder Thomas Partey is back training with the group ahead of...
1h ago from SportsMole.co.uk
Arsenal want Man City's Ilkay Gundogan - but might not...
Ilkay Gundogan could end up at Arsenal after being told he can leave...
1h ago from DailyStar.co.uk
Real Madrid look set to rival Arsenal in pursuit of...
Ilkay Gundogan looks set to leave Manchester City this summer, with Real...
22m ago from CaughtOffside.com
Mikel Arteta expects Arsenal to repeat last summers...
Morning all. Only once since Mikel Arteta took the manager’s job...
42m ago from Highbury-House.c...
Comments
Hottest News
Szafnauer suspects: 'Aston Martin had data in hand before...
Aston Martin has received the green light from... Read More »
3h ago from GPBlog.com
LIVE: F1 2022 Spanish Grand Prix Free Practice 3
Follow the third and final F1 free practice... Read More »
1h ago from RacingNews365.com
Marko 'amazed' by Mercedes' progress and Ferrari struggles
After the opening day of practice at the Spanish... Read More »
52m ago from RacingNews365.com