News Details

Sauber rescue deal looking increasingly uncertain

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 »
12y ago from Crash.net 0
Share

You May Also Be Interested In...

Sauber rescue deal not yet signed off?

The hopes and prayers of Sauber's Hinwil workforce appear to be no nearer...
12y ago from Crash.net

2014 not yet on van der Garde's mind

Giedo van der Garde is refusing to be caught up in rumours regarding his...
12y ago from RichlandF1.com

Button has faith in Pirelli, says tyres will be fine...

McLaren's Jenson Button has said he will go to the Belgian Grand Prix...
12y ago from Crash.net

Mallya hopeful of bouncing back in Belgium

Vijay Mallya is hopeful that the problems Force India suffered with...
12y ago from GPUpdate.net

Elsewhere On The Network

Popular On MGPToday.com

How the 2027 MotoGP grid is shaping up

No description available...
15h ago from Motorsport.com

Honda pinpoints potential ‘advantage' ahead of...

Honda technical director Romano Albesiano believes there is one specific...

Toprak Razgatlioglu admits MotoGP adaptation...

Toprak Razgatlioglu has admitted that his adaptation to MotoGP feels...

Popular On IndyCarToday.com

McLaughlin sets the early pace in IndyCar’s first...

The NTT IndyCar Series took to the track on a brand new street course...

Popular On TotalWRC.com

Solberg clings on to Safari Rally lead as Ogier hunts...

Oliver Solberg started Friday with a 33.3 second lead over Elfyn Evans...
13h ago from MotorsportWeek.c...

Popular On GunnersToday.com

Fabian Hurzeler reveals text message he sent Arteta...

Brighton & Hove Albion manager Fabian Hurzeler has revealed that he texted...
7h ago from SportsKeeda.com

Arsenal & Chelsea in 'very serious' talks to sign...

Atletico Madrid striker Julian Alvarez has been linked with a move away...
10h ago from CaughtOffside.com

Report: London outfit have a deal in place with...

Arsenal midfielder Dan Casey is all set to complete a move to Fulham....
9h ago from CaughtOffside.com

Arsenal preparing ‘formal offer' for 48-goal...

Arsenal are very interested in signing Leon Goretzka at the end of the...
10h 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.