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 »
8mo ago from PlanetF1.com 0
Share

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

Popular On IndyCarToday.com

Herta fastest over Power in second Mid-Ohio practice

Colton Herta put in the fastest lap in Saturday morning’s second...
19m ago from MotorsportWeek.c...

IndyCar pit lane games in play at Mid-Ohio

Pit box selection has become a talking point at this weekend’s Mid-Ohio...
10h ago from SpeedCafe.com

Newgarden quickest in IndyCar Practice 1 at Mid-Ohio

Team Penske’s Josef Newgarden has set the pace in IndyCar Practice 1 at...
18h ago from SpeedCafe.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Newcastle could join several Premier League clubs in...

To say Leicester City's Youri Tielemans is a wanted man would be an...
59m ago from CaughtOffside.com

Manchester United 'make £39.6m offer for Lisandro...

Manchester United submit an £39.6m offer for Ajax centre-back Lisandro...
2h ago from SportsMole.co.uk

Comments

Hottest News

Qualifying Results – 2022 British Grand Prix

British Grand Prix – Here are the complete... Read More »
39m ago from FormulaSpy.com

Hamilton handed British GP blow to victory hopes

Mercedes technical director Mike Elliott has... Read More »
5h ago from GPFans.com

F1 2022 results: British Grand Prix – Qualifying

Keep up to date with all the action as qualifying... Read More »
39m ago from PlanetF1.com

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.