News Details
Sauber rescue package reportedly worth $170 million
Sauber rescue package reportedly worth $170 million 16 July, 2013 Peter Sauber with Monisha Kaltenborn Sauber team boss Monisha Kaltenborn has clarified reports suggesting the Swiss team has been bought by a Russian consortium.
Having earlier admitted a sale of the team could not be ruled out, the struggling Hinwil based outfit announced on Monday that it has new Russian partners.
The news was reported as Sauber having been ‘rescued' by Russia, but Italy's Autosprint quotes Kaltenborn as insisting: 'The team has not been sold.'
And Speed Week reports that Sauber's existing structure, with Kaltenborn and founder Peter Sauber at the decision-making helm, is not changing.
The Swiss...
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12y ago from GrandPrix247.com
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