News Details

Sauber confirm that Russian deal is still on track

Sauber have dismissed ‘false reports and rumours' published by the media, which claimed that the Russian financial deal to save the team was on the rocks, confirming that the deal is progressing as expected and that the initial payments have now been received. The German press reported on Tuesday that the Russian deal, which was announced after the German Grand Prix, had been cast into doubt, with suspicions raised over the involvement of the NIAT (National Institute for Aviation and Technology). In a statement released by Sauber on Wednesday morning, the team slammed the false reports made by the media, explaining that NIAT had never been involved as part of the financial deal,...
Full Story »
12y ago from RichlandF1.com 0
Share

You May Also Be Interested In...

Sauber boss admits delay in Russian financial rescue...

Team principal Monisha Kaltenborn has admitted Sauber's headline grabbing...
12y ago from GrandPrix247.com

Sauber claim Russian bailout collapse reports not...

Leading figures involved with Sauber's high profile Russian rescue deal...
12y ago from GrandPrix247.com

Sauber denies Russian deal has collapsed

Sauber has rubbished reports that its new deal with Russian partners has...
12y ago from espnF1.com

Sauber boss admits delay in Russian rescue deal

August 8th, 2013 - Monisha Kaltenborn has admitted Sauber's Russian...
12y ago from F1Plus.com

Elsewhere On The Network

Popular On MGPToday.com

How the 2027 MotoGP grid is shaping up

No description available...
58m 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

Popular On TotalWRC.com

Popular On GunnersToday.com

Pep Guardiola sends warning to Manchester City squad...

Manchester City boss Pep Guardiola has sent a warning to his side about...
1h ago from SportsKeeda.com

'People will laugh' – Michael Owen snubs Arsenal as...

Ex-Liverpool and Manchester United striker Michael Owen has asserted the...
3h ago from SportsKeeda.com

'He's pushing Bukayo' – Theo Walcott feels Arsenal...

Former Arsenal attacker Theo Walcott has asserted that Noni Madueke is...
3h ago from SportsKeeda.com

Update: Arsenal face paying £60m to sign PL star,...

Arsenal are keen on the transfer of Kevin Schade, but there has been a new...
4h 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.