News Details
Sauber ensures long-term Formula 1 future
Sauber has secured its long-term future in Formula 1 by joining forces with three Russian companies. The agreements follow a period of major uncertainty for the Hinwil-based team, which has been unable to pay its suppliers. The Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies are the three companies involved, aiding Sauber technologically and financially. "We are pleased to announce a partnership between the Investment Cooperation International Fund, the State Fund of Development of North-West Russian Federation and the National Institute of Aviation Technologies with Sauber...
Full Story »
Full Story »
13y ago from GPUpdate.net
0
You May Also Be Interested In...
Unpaid suppliers file claims against cash strapped...
Unpaid suppliers file claims against cash strapped Sauber 12 July, 2013...
13y ago from GrandPrix247.com
Unpaid suppliers file claims against ailing Sauber
The depths of Sauber's financial problems are now beginning to emerge....
13y ago from F1Zone.net
No financial help for Sauber - Ecclestone
Bernie Ecclestone has ruled out financial aid for Sauber after the Swiss...
13y ago from TheF1Times.com
F1 2013 – Details of Sauber financial crisis emerge
Reports are suggesting that “dozens” of suppliers to the Sauber F1...
13y ago from F1.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Aprilia: We can learn a lot from Marc Marquez’s...
No description available...
2h ago from Motorsport.com
Francesco Bagnaia ‘doesn't see a way out' of...
Francesco Bagnaia has labelled his 2026 MotoGP struggles 'humiliating and...
22h ago from MotorsportWeek.c...
Pedro Acosta reveals the thing that stopped his...
Pedro Acosta admits concerns over tyre degradation stopped his hopes of...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Chevrolet clarifies engine issue after David...
No description available...
14h ago from Motorsport.com
Winners and losers from the IndyCar doubleheader at...
No description available...
17h ago from Motorsport.com
VeeKay charges from 24th to podium at Milwaukee as...
No description available...
22h ago from Motorsport.com
David Malukas apologizes for disparaging Chevy comment
After finishing second in Sunday’s second IndyCar race from the...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sami Pajari makes WRC history with third consecutive...
No description available...
2d ago from Motorsport.com
Sami Pajari “stunned” by WRC record after third...
No description available...
2d ago from Motorsport.com
Sebastien Ogier apologises for “out of line”...
No description available...
2d ago from Motorsport.com
Hayden Paddon answers doubters with “proper” WRC...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Rio Ferdinand praises Arsenal transfers, including...
Manchester United legend Rio Ferdinand has praised Arsenal's transfer...
33m ago from CaughtOffside.com
Arsenal CEO explains transfer strategy after failing...
Arsenal CEO Richard Garlick has offered an insight into the club’s...
2h ago from CaughtOffside.com
Ambitious or unrealistic? How Arsenal's Vini Jr...
It seems Arsenal's interest in an ambitious move for Vinicius Junior ended...
2h ago from CaughtOffside.com
Who won the transfer window? Arsenal, Man Utd, Man...
The Premier League’s biggest clubs spent heavily again this summer, but...
2h ago from CaughtOffside.com
Comments
Hottest News
Ferrari announce Lewis Hamilton and Charles Leclerc peace...
Ferrari F1 team principal Fred Vasseur has... Read More »
1h ago from GPFans.com
Haas rejects 2027 switch as it fights to fix VF-26
Haas has no intention of waving the white flag on... Read More »
53m ago from F1i.com
Red Bull confirms Lambiase successor and future head of...
Red Bull has moved decisively to secure the man... Read More »
1h ago from F1i.com
