News Details
Longbow Finance S.A. acquire Sauber
Sauber's financial restraints seem to have taken an encouraging step after Swiss company Longbow Finance S.A. announced that they are about to buy Sauber Holding AG. As a result of their financial difficulties, Sauber were forced to pull out of in-season testing last week at Silverstone, saying that would prefer to save their resources. The sale will mean that Peter Sauber will step down as owner of the team and be replaced by Pascal Picci, the President and CEO of Longbow Finance S.A. 'As a Swiss company, we are very pleased with having secured the future of a Swiss presence in a highly specialized and innovative industry,' Picci said during the announcement. Current team principal...
Full Story »
Full Story »
9y ago from PlanetF1.com
0
You May Also Be Interested In...
Longbow Finances acquire Sauber F1 Team
The Sauber group have announced a change in ownership. Following the...
9y ago from JWGrandPrix.com
Longbow Finance acquires Sauber
Sauber announces team's acquisition by Swiss finance company Longbow...
9y ago from Pitpass.com
Sauber's long-term future secured as new owners take...
Sauber confirmed on Wednesday that it has agreed a deal with Longbow...
9y ago from GrandPrixTimes.com
Sauber now owned by Longbow Finance
Sauber has announced that Swiss-based investment firm Longbow Finance...
9y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Pedro Acosta fired up for KTM’s new aero package in...
No description available...
10h ago from Motorsport.com
MotoGP is making Formula 1’s mistakes – Casey...
No description available...
12h ago from Motorsport.com
Marc Marquez quickest again in second Austria MotoGP...
Championship leader Marc Marquez continued his dominant form by topping...
13h ago from MotorsportWeek.c...
What Yamaha's commitment to Alex Rins means for Miguel...
No description available...
10h ago from Motorsport.com
Popular On IndyCarToday.com
McLaren to auction future F1, IndyCar and WEC cars in...
McLaren is to auction future F1, IndyCar and World Endurance Championship...
1d ago from MotorsportWeek.c...
Winners and losers from IndyCar’s Portland 2025...
No description available...
4d ago from Motorsport.com
Chip Ganassi: ‘We’re spoiled’ having drivers...
Alex Palou clinched the 2025 NTT IndyCar Series title over the weekend,...
4d ago from MotorsportWeek.c...
IndyCar Portland – Race Results
The final road course event of the 2025 IndyCar season was contested on...
5d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
22h ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
2d ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
3d ago from Motorsport.com
Kalle Rovanperä hits the jackpot
Kalle Rovanperä and Jonne Halttunen finally won Rally Finland, laying to...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Manchester United vs Arsenal Prediction and Betting...
The Premier League features a clash between two of the competition's...
9h ago from SportsKeeda.com
Arteta: This is the most difficult Premier League...
Arsenal manager Mikel Arteta believes the Premier League competition is...
11h ago from SkySports.com
The Big Arseblog Season Preview: 2025-26
It’s time for the traditional Arseblog season preview post, and as we do...
14h ago from Arseblog.com
'Mikel Arteta definitely stole him from Liverpool' -...
Pundit Jamie Carragher has claimed that Arsenal manager Mikel Arteta stole...
13h ago from SportsKeeda.com
Comments
Hottest News
Formula E: Former McLaren test driver appointed as Cupra...
After a strong campaign in the 2024/2025 Formula... Read More »
2h ago from F1Technical.net
Horner and Perez tipped for reunion in stunning F1 transfer...
Axed Red Bull boss Christian Horner has been... Read More »
8h ago from GPFans.com
Jacques Villeneuve raises serious questions over Cadillac...
Jacques Villeneuve has shared his thoughts on... Read More »
10h ago from RacingNews365.com
