News Details

Sauber rescue deal not yet signed off?

The hopes and prayers of Sauber's Hinwil workforce appear to be no nearer being answered after it emerged that key signatures are still needed to cement the team's Russian rescue package.It was almost a month ago – 15 July to be exact – that the Swiss team issued a statement announcing that a consortium of Russian businesses had agreed to pump much-needed funds into its account, but not a single Euro has been seen in the weeks since then.According to sources in Germany, the deal is still awaiting key signatures at the Russian end, including that of current president Vladimir Putin. Die Welt claims that both eponymous owner Peter Sauber and team principal Monisha Kaltenborn have made...
Full Story »
10y ago from Crash.net 0
Share

You May Also Be Interested In...

Tilke: Russian GP will happen, I'm 100 percent sure

Circuit designer Hermann Tilke has said he has no doubt the Sochi...
10y ago from Crash.net

Next generation of Russian race drivers emerge on F1...

Amid the country's rising presence in Formula 1, the next generation of...
10y ago from GrandPrix247.com

Tilke '100% sure' Russian GP will go ahead

The designer of the Russian Grand Prix circuit, Hermann Tilke, has said...
10y ago from RichlandF1.com

Sochi track will be ready for Russia GP says Tilke

Hermann Tilke insists he is 100 per cent certain the circuit in Sochi will...
10y ago from GrandPrix247.com

Elsewhere On The Network

Popular On MGPToday.com

Quartararo: Marquez's Honda exit ‘woke a lot of...

Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...

Popular On IndyCarToday.com

McLaughlin disputes IndyCar's claim that rules...

Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...

O’Ward retroactively given St. Pete win after Team...

The NTT IndyCar Series announced on Wednesday that all three Team Penske...
16h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal face huge Premier League competition for Real...

Whether or not Arsenal go on to win their first Premier League title in 20...
24m ago from CaughtOffside.com

Comments

Hottest News

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.