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Sauber denies Russian rescue has collapsed
Sauber has hit back at reports its Russian rescue deal has collapsed.
German-language reports had said the release of millions in crucial backing for the almost insolvent Swiss team had been voted down this week by Russia's National Institute of Aviation Technologies (NIAT).
And the DPA news agency even quoted NIAT chief Oleg Sirotkin, whose son Sergey is scheduled to race for Sauber in 2014, as saying the entity cannot afford to fund a formula one team.
But in a statement to German-language media outlets, Sauber hit back by insisting that NIAT's "contribution" to the Russian rescue deal was "never intended" to be "financial".
Sauber explained that NIAT's...
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11y ago from GrandPrix.com
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