News Details

I cannot bail out Sauber, says Ecclestone

Formula 1 supremo Bernie Ecclestone has said he will not come to the aid of the Sauber F1 team, despite the squad’s current financial plight. Ecclestone has helped teams in the past, but when asked if he could do the same this time, he told Swiss broadcaster, SRF, that wouldn’t be possible: “We have agreements that require us to treat all the teams equally,” he explained. “They're a good team [though] and I'm sure there is more than one possible buyer,” he added. “I don't want to imagine F1 without Sauber. Ideally, they will find new sponsors in the long term, but even companies who are willing to support them in the short term would be fine. The team deserves to be helped....
Full Story »
12y ago from GPUpdate.net 0
Share

You May Also Be Interested In...

Ecclestone says Sauber not only F1 team suffering...

Ecclestone says Sauber not only F1 team suffering financially 10 July,...
12y ago from GrandPrix247.com

Kaltenborn: It s not the ideal situation

Team principal Monisha Kaltenborn admits that Sauber's current financial...
12y ago from Crash.net

Ecclestone considers buying Nurburgring to save race

Ecclestone considers buying Nurburgring to save race 6 July, 2013 Formula...
12y ago from GrandPrix247.com

Hulkenberg: Sauber situation 'difficult'

Nico Hulkenberg has admitted that Sauber's current financial situation is...
12y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Colton Herta leaves IndyCar to pursue F1 with Cadillac...

The Cadillac F1 Team has announced that it has hired IndyCar star Colton...

Rinus VeeKay separates from Dale Coyne Racing

Rinus VeeKay will not race with Dale Coyne Racing next season after...

Popular On TotalWRC.com

Popular On GunnersToday.com

New signing profile: Piero Hincapie

Following some late left-sided departures, Arsenal managed to squeeze in...
36m ago from Arseblog.com

Collymore's column: Mikel Arteta criticism, Isak and...

In his exclusive column for CaughtOffside, former Liverpool striker Stan...
8h ago from CaughtOffside.com

Episode 843 – Injuries

Welcome to another episode of the Arsecast – the Arsenal podcast. In...
7h ago from Arseblog.com

After Peter Schmeichel slams Arsenal for ‘ugly brand...

Former Arsenal star Theo Walcott has dismissed Manchester United legend...
8h ago from SportsKeeda.com

Comments

Hottest News

Sky F1 pundit robbed ahead of Italian GP

A Sky F1 pundit has revealed that she was robbed... Read More »
2h ago from GPFans.com

Daniel Ricciardo sends fans wild as Ford announce...

Daniel Ricciardo has F1 fans all aflutter thanks... Read More »
36m ago from GPFans.com

Alonso slams shorter F1 races: ‘Problem is society, not...

Formula 1’s latest debate is revving up, and... Read More »
2h ago from F1i.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.