News Details
Sauber rescue deal not yet signed off?
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 »
Full Story »
You May Also Be Interested In...
Tilke: Russian GP will happen, I'm 100 percent sure
Circuit designer Hermann Tilke has said he has no doubt the Sochi...
11y ago from Crash.net
Next generation of Russian race drivers emerge on F1...
Amid the country's rising presence in Formula 1, the next generation of...
11y ago from GrandPrix247.com
Tilke '100% sure' Russian GP will go ahead
The designer of the Russian Grand Prix circuit, Hermann Tilke, has said...
11y ago from RichlandF1.com
Sochi track will be ready for Russia GP says Tilke
Hermann Tilke insists he is 100 per cent certain the circuit in Sochi will...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
1h ago from MotorsportWeek.c...
Liberty Media completes its purchase of MotoGP
No description available...
5h ago from Motorsport.com
The CRB is the F1 ‘court’ that could unlock Jorge...
No description available...
1d ago from Motorsport.com
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
4d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Feature: Evaluating IndyCar’s hybrid power system...
The NTT IndyCar Series introduced its long-developed hybrid system in the...
23h ago from MotorsportWeek.c...
RLL having to ‘unwind’ and ‘backtrack’...
Rahal Letterman Lanigan Racing is making a concerted effort to move...
2d ago from MotorsportWeek.c...
IndyCar will not return to Thermal Club in 2026...
According to comments made by Thermal Club founder and owner Tim Rogers,...
1w ago from MotorsportWeek.c...
Where does Santino Ferrucci see his first IndyCar win...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
6h ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
1d ago from Motorsport.com
Sebastien Ogier to make WRC return at Rally Finland
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid youngster holds talks with Real Madrid to...
Endrick has held talks with Real Madrid amid uncertainties surrounding his...
58m ago from SportsKeeda.com
Partey charged with rape and sexual assault
Former Arsenal footballer Thomas Partey has been charged with five counts...
49m ago from SkySports.com
Sources: Striker chooses Arsenal as his next...
Sporting striker Viktor Gyokeres has made it clear that his heart is set...
2h ago from CaughtOffside.com
Sources: Thomas Partey gets ready for the next chapter...
Thomas Partey is officially a free agent following the expiration of his...
3h ago from CaughtOffside.com
Comments
Hottest News
F1 Results Today: Lewis Hamilton back on top as Max...
F1 drivers took to one of the most famous tracks... Read More »
1h ago from GPFans.com
Helmut Marko admits to Red Bull 'mistake'
Max Verstappen endured a challenging first... Read More »
58m ago from RacingNews365.com
F1 2025 British Grand Prix – FP1 Results
Lewis Hamilton headed the times during his... Read More »
1h ago from MotorsportWeek.com